The Globe and Mail | US crude hits $75 as oil supply risks mount The Globe and Mail U.S. crude oil prices rose above $75 a barrel for the first time since 2014 on Tuesday after Iran appeared to threaten to disrupt oil shipments from the Middle East Gulf if Washington pressed ahead with sanctions. “The Americans have claimed they want ... WTI crude oil price hits $75 for the first time since 2014 US sanctions on Iran: Indian Oil chairman confident about oil supply Iran issues oil warning as UAE says production can rise |