Reuters | Oil gains as concern heats up over Iran sanctions, Venezuelan output Reuters “The price rise is due to growing expectations of new U.S. sanctions ... which would doubtless reduce the oil supply from Iran,” Commerzbank said in a note. “French President Macron appears to have little hope that he would be able to persuade US ... 'Up to 350000 barrels of Iranian crude a day could be at risk' if nuclear deal is scrapped Oil prices rise as trader look past US supply, focus on Iran sanctions Citi Says US May Become World's Top Oil Exporter Next Year |