WTI RISES TO NEAR $71.00 FOLLOWING FRESH US SANCTIONS ON IRAN’S OIL

WTI RISES TO NEAR $71.00 FOLLOWING FRESH US SANCTIONS ON IRAN’S OIL
WTI RISES TO NEAR $71.00 FOLLOWING FRESH US SANCTIONS ON IRAN’S OIL

WTI oil price rose to nearly $71.00 after the US imposed sanctions on companies dealing with Iranian oil.

Oil price increase was limited because Trump announced new import tariffs on Canada and Mexico.

French President Macron said there might be a truce between Ukraine and Russia in the coming weeks.

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