Reuters | Oil extends gains, buoyed by Iran sanction worries Reuters “(Global oil markets are) roughly in balance now, but if the deal were not renewed, Iranian oil exports could plunge, which would lead to a complete supply shortage,” said Tomomichi Akuta, senior economist at Mitsubishi UFJ Research and Consulting in ... US crude rises 47 cents, settling at $68.57, after Netanyahu claims evidence Iran sought nuclear weapons Oil gains after Netanyahu says Iran lied after signing nuclear deal Oil finishes higher as Netanyahu accuses Iran of lying about nuclear program |