The MediTelegraph | Oil Nears $80 Per Barrel OilPrice.com Building on last week's rally, which was spurred by fears of an impending supply crunch, oil prices are quickly approaching a two-month high with $80 Brent well within reach. (Click to enlarge). (Click to enlarge). (Click to enlarge). (Click to enlarge). India allows state refiners to use Iran tankers, insurance for oil imports Secret oil shipments could help Iran cushion US sanctions blow India to use Iranian ships to skirt US oil sanctions |