Oil rises on Iran, Russia and Canada supply concerns
Federaţia Rusă
Oil prices rose in early Asia trade on Tuesday on concerns about supply, with Iran set to reject a U.S. nuclear deal proposal that would be key to easing sanctions on the major oil producer, and with production in Canada hit by wildfires. Brent crude futures gained 55 cents, or 0.85 per cent, to $65.18 a barrel by 0000 GMT. U.S. West Texas Intermediate crude was up 59 cents, or 0.94 per cent, to $63.11 a barrel, after rising around 1 per cent earlier in the session. Both contracts gained nearly
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