Oil Edges Up On Iran Sanctions Tightening Supply, But Trade Spat Weighs

Oil prices on Friday edged up on worries that reimposed U.S. sanctions against Iran would tighten supplies, although the escalating trade dispute between Washington and Beijing held markets back from further gains.

Front-month Brent crude oil futures were at $72.20 per barrel at 0406 GMT, up 13 cents from their last close.

U.S. West Texas Intermediate (WTI) crude futures were up by 5 cents at $66.86 a barrel.

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Suhani Verma

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