Oil soared to a record above 129 dollars a barrel Tuesday as worries about US tensions with Iran heightened speculative fever in a market driven by concerns about tight global supplies and strong demand.
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Oil price hits record above 129 dollarsPosted by UK Economy News
In UK financial news
20May 08 Oil soared to a record above 129 dollars a barrel Tuesday as worries about US tensions with Iran heightened speculative fever in a market driven by concerns about tight global supplies and strong demand.
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