21, local time, U world pie network information .S. President Barack Obama signed a presidential decree ordered the imposition of sanctions on Iran's petrochemical industry, while expanding sanctions on Iran's oil and gas industry. In fact, the United Kingdom, Canada and other Western countries have recently announced the imposition of economic sanctions against Iran. Some analysts believe the move or oil prices, will be worse for the fragile international economic World steel pipe network editing .
As of 23:20 GMT last night, New York crude oil futures rose 1.38 dollars to 98.30 U.S. dollars / barrel, or 1.42 percent.