[$$] Oil continues to climb as Trump axes Iran nuclear deal

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[$$] Oil continues to climb as Trump axes Iran nuclear deal

Oil prices gained in Asian trading after US President Donald Trump pulled the US out of the landmark nuclear deal with Iran and moved to reimpose sanctions targeting the country’s oil exports. The international benchmark fell as much as 4 per cent on Tuesday ahead of Mr Trump’s announcement before recovering to settle down 1.7 per cent. US marker West Texas Intermediate rose 2.3 per cent in Asia to $70.66 a barrel following similar moves in the previous session. Asia-Pacific equities were mixed, with energy stocks gaining on higher oil prices, after the S&P 500 ended a shade lower overnight in New York.

https://finance.yahoo.com/m/eddbba0...e2/[$$]-oil-continues-to-climb.html?.tsrc=rss
 
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