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Oil up in Asia as Iran concerns grow
 


August 14, 2012 - Updated 826 PKT
From Web Edition
 
 



SINGAPORE: Oil prices were higher in Asian trade Tuesday buoyed by an expected crude supply cut in the North Sea and intensifying talk of an Israeli military strike against Iran, analysts said.

 

New York's main contract, light sweet crude for delivery in September, gained 23 cents to $92.96 a barrel, while Brent North Sea crude for September advanced two cents to $113.62.

 
 
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