BY DAN STRUMPF
NEW YORK?Oil futures finished at their highest level in eight months Tuesday, jumping 4.2% to top $100, as heightening tensions between Iran and the West raised fears of supply disruptions.
Iran's army chief warned an American aircraft carrier not to return to the Persian Gulf following a visit to a port in Dubai. The warning came as 10 days of war games near the Strait of Hormuz were coming to a close and fed expectations that additional sanctions against the world's third-largest oil exporter could be coming.
"You know darn well the U.S. is bringing their aircraft carrier ...
BY DAN STRUMPF
NEW YORK?Oil futures finished at their highest level in eight months Tuesday, jumping 4.2% to top $100, as heightening tensions between Iran and the West raised fears of supply disruptions.
Iran's army chief warned an American aircraft carrier not to return to the Persian Gulf following a visit to a port in Dubai. The warning came as 10 days of war games near the Strait of Hormuz were coming to a close and fed expectations that additional sanctions against the world's third-largest oil exporter could be coming.
"You know darn well the U.S. is bringing their aircraft carrier ...
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