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Friday, May 11, 2018

Oil near multi-year highs as Iran sanctions tighten supply outlook

LONDON (Reuters) - Oil prices steadied near 3-1/2 year highs on Friday as the prospect of new U.S. sanctions on Iran tightened the outlook for Middle East supply at a time when global crude production is only just keeping pace with rising demand.


from Reuters: Business News https://ift.tt/2rALQsW

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