ABS-CBN News | Oil market on alert as Iran sanctions hit ABS-CBN News LONDON - US sanctions against importers of Iranian oil threaten the crude oil market's precarious balance and risk surging prices, all under Saudi Arabia's watchful gaze, according to experts. "In the next weeks all eyes will be on Iranian exports ... Iran Sanctions Won't Fuel Oil Prices for Long Oil caps worst week since February as Iran supply fears subside It's the Iranian Oil Guessing Game. And the Bears Are Winning |