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‎Oil prices rise as markets assess impact of US sanctions on Iran, Russia

‎Oil prices rise as markets assess impact of US sanctions on Iran, Russia

Oil drilling rigs

Oil prices climbed on Friday as markets evaluated the potential impact of tightened US sanctions on Iran and Russia on global crude supply.

At settlement, Brent crude futures for May delivery rose 1%, 70 cents, to $70.58 a barrel, posting a weekly gain of 0.3%…

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