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Oil prices hit highest in years as markets adjust to looming sanctions on Iran

BUSINESS NEWS MAY 10, 2018 / 3:25 AM /   Henning Gloystein SINGAPORE (Reuters) – Oil prices clocked up more multi-year highs on Thursday as traders adjusted to the prospects of renewed U.S. sanctions against major crude exporter Iran amid an already tightening market. The United States plans to impose new...
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