The Australian Financial Review | Oil to hit $US80 if Syrian strikes lead to Iran sanctions: JP Morgan ... The Australian Financial Review Oil prices have hit their highest since late 2014 and JP Morgan says Brent could go to $US80 as US strikes on Syria threaten a new period of heightened Middle East conflict. Oil could hit $US80 on back of Syrian air strikes: JP Morgan South Korea's March Iranian crude oil imports down 39.3 percent year-on-year Crude oil production in Texas continues to rise |