Premium Times | Oil price jumps to $57.8 Premium Times Oil markets jumped on Monday on concerns over potential renewed U.S. sanctions against Iran as well as conflict in Iraq. An explosion at a U.S. oil rig and reduced exploration activity also supported prices there. Brent crude futures, the international ... Oil markets jump on worries of US sanctions against Iran Oil jumps on fears of new Iran sanctions, Iraq conflict Oil jumps to $57.8 on fears of new Iran sanctions, Iraq conflict |