Bloomberg | Oil hits March high, buoyed by Middle East tensions MarketWatch Innes also said tensions between Saudi Arabia and Iran, in addition to concerns over Venezuelan crude production, “continued to underpin prices and the markets have recovered soundly. Iran nuclear tensions are not leaving the picture anytime soon, and ... Oil Hits Three-Week High as Glut Shrinks Faster Than Expected Oil rises to March high on Middle East tensions, Venezuela concerns Oil prices rise on Middle East tension, falling Venezuela output |