Bloomberg | Oil prices have surged above $70—here are 4 key reasons behind the rally MarketWatch Supply concerns surrounding the possible reinstatement of sanctions on Iran aren't the only reason for the climb in U.S. benchmark oil prices above $70 a barrel to their highest levels since late 2014. The Organization of the Petroleum Exporting ... Oil Faces a Month of Mayhem as Geopolitical Risks Proliferate Trump Set a Deadline for the Nuclear Deal With Iran. Now Oil Prices Are the Highest in Almost 4 Years Iran nuclear worries pushes crude oil to 4-year high |