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Brent crude ends near $123/bbl, 9-month high, on Iran
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Brent crude oil futures rose for a third straight day Wednesday and ended near $123 a barrel on worries that Iran's confrontation with the West would heat up further after talks with U.N. nuclear inspectors failed.
In London, ICE Brent crude for April delivery settled at $122.90 a barrel, gaining $1.24, or 1.02 percent, the highest for front-month Brent since May 2, 2011, when prices ended at $125.12
(Reporting By Gene Ramos; Editing by Lisa Shumaker)
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