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Oil hits 2019 high as supply squeeze looms

Brent crude nears US$70 a barrel on supply losses in Venezuela and Iran

New York

OIL prices on Tuesday hit their highest level so far in 2019, with Brent crude approaching US$70 a barrel, on the prospect that more sanctions against Iran and further Venezuelan disruptions could deepen an Opec-led supply cut.

Brent futures reached a session...

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