Mubasher: Oil prices rose for the second day in a row, supported by the rising concerns over Middle East supplies, as the United States has decided to re-impose sanctions on Iran.
Nymex futures for September delivery rose by 0.2% to the level of $69.17 per barrel.
Brent also went up by 1.3% to the level of $74.6 per barrel.
Source:
Mubasher