(Reuters) - Oil held near its highest close in over six months on Thursday as traders weighed rising risk to Gulf supplies from mounting tension between Iran and the West.
Small draws in weekly U.S. product and crude stocks were overshadowed by fears surrounding the world's fourth-largest oil exporter, which has been holding 15 British sailors and marines since Friday and was hit with new U.N. sanctions at the weekend.
Read more at Reuters Africa
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment