Oil prices rise amid US sanction on Iranian export

Oil prices on Monday rose supported by potential sanctions on Iranian oil exports by the US. Meanwhile concerns over the impact of US import tariffs on global economic growth and fuel demand capped gains. Brent Crude was trading



over 0.4 percent up at around 70 dollars and 70 cents per barrel. WTI Crude was also trading over half percent up at around 67 dollars and 40 cents per barrel when reports last came in.