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A suitable price for crude is $60 to $65 a barrel, says Iran's oil minister

Brent crude futures surged to almost $75 a barrel on Friday as traders braced for the possible re-imposition of US restrictions on Iran

Topics
Brent Crude Oil  |  Crude Oil Prices  |  Oil Exports

Arsalan Shahla | Bloomberg 



oil
Photo: Reuters

Iran, faced with a possible restoration of sanctions, came out against higher oil prices, signalling a split with fellow member Saudi Arabia, which is showing a willingness to keep tightening crude markets.

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First Published: Sun, May 06 2018. 22:37 IST

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