Brent crude touches highest since 2014 on Iran concerns | Financial Times:
Oil prices rose to the highest level since November 2014 in Asia-Pacific trading on Monday amid continued uncertainty over how the market would respond to supply constraints from Donald Trump’s sanctions on Iran.
Brent crude, the international benchmark, rose as much as 0.71 per cent to $83.32 a barrel. By the London morning, it had eased its gain to 0.24 per cent.
The main US marker, West Texas Intermediate, rose more than 0.5 per cent to a peak of $73.65 — near its highest intraday level since July.
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