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Oil futures climbed on Friday, with U.S. prices ending at their highest in more than 13 years, as Russian’s invasion of Ukraine, and Western nations’ sanctions on Moscow in retaliation, threaten to disrupt global crude supplies. Oil prices have been “a one-way market, but the potential return of Iranian crude supplies could provide much relief to this very tight market,” said Edward Moya, senior market analyst at OANDA.
...read full article on Market Watch