Tuesday 25 September 2012

Oil prices rise on calls for more Iran sanctions

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SINGAPORE: Crude prices rose in Asia Tuesday after the United States, Britain, France and Germany moved to apply more restrictions and sanctions on Iran over its controversial nuclear programme, analysts said.
New York's main contract, light sweet crude for delivery in November rose 31 cents to $92.24 a barrel and Brent North Sea crude for November delivery gained 29 cents to $110.10.

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