Oil surges amid Opec caution to offset Iran sanctions

Buyers of Iranian crude to face US sanctions after 1 May deadline

Oil price: Brent crude rose 47 cents, or 0.6%, to $74.51 a barrel — Oil price: Brent crude rose 47 cents, or 0.6%, to $74.51 a barrelPhoto: REUTERS/SCANPIX

Reuters

Published 23 April 2019, 22:57Updated 23 April 2019, 22:57

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