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MARKET WATCH: Brent ends April above $75/bbl
Oil & Gas Journal: Brent crude oil settled slightly above $75/bbl on the London market Apr. 30 while light, sweet crude oil prices rose modestly on the New York market. Analysts said crude prices rose on expectations that the US will withdraw from a 2015 international agreement on Iran.
Any new sanctions against Iran could reduce its oil export volumes and potentially its growing oil production levels.
Israeli Prime Minister Benjamin Netanyahu said he has evidence that the Islamic Republic lied years ago about plans to build a nuclear weapon. Netanyahu gave a televised presentation Apr. 30 in which he described Iran’s alleged nuclear program.
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