Oil prices rise amid production cuts and Trump Iran threats - business live
(The Guardian Business News)

Opec cartel members suggested that production cuts could remain in place to sustain prices 7.55am BST Good morning, and welcome to our rolling coverage of the world economy, the financial markets, the eurozone and business.Oil prices have rallied at the start of the week on a familiar script: sustained production cuts from the Opec cartel and some threatening tweets from the world´s most powerful man.Oil has already rallied around 40% since the start of the year, thanks mainly to OPEC limiting supply. Investors had been growing nervous that OPEC could look to remove the production limits at its next meeting in June, in light of tightening global supply and elevated prices.If Iran wants to fight, that will be the official end of Iran. Never threaten the United States again! Continue reading...