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Oil prices surge to 6-month high as U.S. announces Iran oil embargo Updated: 2019-04-24 06:22:39 KST

Global oil prices surged to their highest level in six months on the commodity markets after the U.S announced it would take a harder line against countries that breach its oil embargo on Iran.
The benchmark Brent crude hit 74-dollars and 70 cents a barrel on Tuesday morning while the lighter grade U.S. West Texas Intermediate closed trading at 66-31 up 1.1 percent.
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