Financial Times | US crude oil above $70 on Venezuela and Iran worries Financial Times US crude oil prices have pushed above $70 a barrel for the first time in over three years as concerns have grown over supplies from Iran and Venezuela. West Texas Intermediate, the US oil benchmark, reached $70.84 on Monday, up 1.6 per cent for the ... Oil prices have surged above $70—here are 4 key reasons behind the rally US Oil Prices Hit $70 a Barrel for First Time Since '14 Oil Faces a Month of Mayhem as Geopolitical Risks Proliferate |