CNBC | Oil rises on looming Iran sanctions, but US-China trade war caps gains CNBC Oil prices rose on Monday as markets were expected to tighten once U.S. sanctions against Iran's crude exports are implemented next month. Front-month Brent crude oil futures were at $79.96 a barrel at 0414 GMT, 18 cents above their last close. U.S ... Oil edges up as looming Iran sanctions expected to tighten market US fears Russia will help Iran evade oil sanctions Oil edges up on looming Iran sanctions, but US-China trade war caps gains |