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Oil supply drops as Iran sanctions bite: IEA

Tensions have been mounting in recent days after the mysterious sabotage of several tankers in the Gulf

Iran warns United States of ‘consequences’ over oil sanctions

Oil prices hit their highest level since November on Tuesday after Washington’s announcement.

US tightening of Iran sanctions ‘aggressive and reckless’: Russia

Russia, which is allied with Iran in Syria, praised Tehran's "restraint" over "the arrogant American provocations".

Traders bet on oil at $100 as Iran sanctions loom

NEW YORK/LONDON: Oil traders have piled into wagers that US crude oil could surge to $100 a barrel by next year, a milestone that...

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