Oil Prices Gained $1.68 Due to New Tensions Over Iran

The Associated Press reported that oil prices gained $1.68 due to new tensions over Iran.

As quoted in the market news:

New York’s main contract, West Texas Intermediate (WTI) crude for delivery in May, closed at $102.70 a barrel, a gain of $1.68 from Tuesday’s closing level. In London, Brent North Sea crude for May inched up 30 cents to settle at $120.18 a barrel.

Click here to read the full The Associated Press report.