Oil near 4-yr high as producers resist output rise to offset Iran sanctions

SINGAPORE— Oil prices on Tuesday were within reach of four-year highs hit in the previous session, as looming U.S. sanctions against Iran and unwillingness by the Organization of the Petroleum Exporting Countries (OPEC) to raise output supported the market. Brent crude futures were at $81.45 per barrel at 0421 GMT, up 25 cents, or 0.3 […]