The latest reports prompted the price of Brent crude oil to surge to its best level in more than eight months on Monday morning
Traders work on the floor of the New York Stock Exchange. Picture: REUTERS
US President Donald Trump on Sunday threatened to impose sanctions on Iraq after the latter’s parliament called for foreign troops, including those of the US, to exit Iraq. Tension escalated last week after top Iranian commander Maj-Gen Qassem Soleimani was killed during a US air strike in Baghdad.
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