Oil settles higher on fear of Iran sanctions

US has until 12 May to decide whether it will leave a nuclear deal and impose new sanctions

Oil price: Brent crude futures settled up 65 cents, or 0.9%, to $74.71 a barrel

Reuters

Americas USA Iran Price Futures Group Phil Flynn

Published 23 April 2018, 20:25Updated 23 April 2018, 20:25