Sunday Outlook: Oil prices hit highest level in over three years on rising Iran tensions

Oil prices gained 2 percent on Friday with United States crude reaching its highest point since November 2014, as investors kept an eye on the geopolitical tensions, with possible new sanctions against Tehran by Washington. U.S. light crude settled $1.29 higher at $69.72 a barrel, while Brent crude oil …

The post Sunday Outlook: <b>Oil</b> prices hit highest level <b>in</b> over three years on rising Iran tensions appeared first on crude-oil.news.