Oil Moves Higher As Iran Detains 5 Brits

Oil has moved to the high of the day following news 5 British citizens have been detained in Iran after their racing yacht inadvertently strayed into Iranian waters.

Market anxiety related to Iran is heating up following news this morning that Iran has approved a move to build 10 more uranium-enrichment sites.

Related ETFs:
United States Oil Fund LP (NYSE: USO)

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