Concerns over Iran's nuclear ambitions continue to haunt investors, oil prices rebound

Concerns over Iran's nuclear ambitions have returned to haunt investors. Oil prices, sliding since Monday on profit-taking and worries that high energy costs could erode demand, have recoiled. New York's main contract, light sweet crude for delivery in April, saw marginal gains to rise to US$106.8, while Brent North Sea crude for April delivery rose to US$122.1, as per AFP. Concerns over the need to find alternative sources in case of a supply disruption continue to reemerge.
  More News  Post Your Comment
{{comment.Name}} made a post.




There are no comments to display. Be the first one to comment!


Name Required.


Email Id Required.

Email Id Not Valid.


Mobile Required.

Email ID and Mobile Number are kept private and will not be shown publicly.

Message Required.

Click to Change image  Refresh Captcha