Oil rises to USD 80 a barrel in London for first time since 2014

The price rose to USD 80 per barrel in London for the first time since price plunge in 2014 as US crude inventories decreased and oil traders prepare for renewed economic sanctions on Iran.

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Foreign companies go free in Icelandic cartel case

The competition authorities in Iceland are currently only focusing on Eimskip and Samskip in a protracted case about secret pricing agreements. Previously, the authorities indicated that there might be a connection to companies outside the country.

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