Council on Foreign Relations (blog) | Oil and Iran Council on Foreign Relations (blog) It doesn't take much these days to remind oil traders that Middle East geopolitical risk can raise oil prices. Unrest in Iranian cities is the latest case in point. News and video records of major protests in Iran pushed Brent prices to $67 a barrel ... Oil at 2.5-year high above $68, post-crash peak in sight Iran unrest, Trump tweets push crude oil past $68; what does it mean for India? Oil hits highest since 2015 as Iran unrest spooks market |