Oil at $75 as Iran sanction fears mount

Oil prices hit $75 on Tuesday, the highest level in nearly three and a half years, as fears mounted over the prospect of new US sanctions on Iran.


Brent crude jumped for the sixth consecutive day, trading as high as $75.27 before falling back slightly.

The US will decide by 12 May whether to abandon a nuclear deal with Iran and re-impose sanctions.
 BBC
 24/4/18