The Car and Truck Fleet and Leasing Management Magazine

Oil Prices Rise Amid Concerns Over Iran

March 31, 2006

NEW YORK --- Concerns over Iran’s nuclear ambitions and potential sanctions, coupled with worries about gasoline supplies, caused crude oil futures to rise Thursday, according to BusinessWeek Online. Light sweet crude for May delivery rose 3 cents to reach $66.48 a barrel in electronic trading on the New York Mercantile Exchange by afternoon in Europe. Brent crude for May climbed 36 cents to $65.91 a barrel on London’s ICE Futures exchange, BusinessWeek Online reported. Leading officials of the five permanent Security Council nations, as well as Germany, on Thursday urged Tehran to put a freeze on uranium enrichment. In response, a senior Iranian envoy rejected their pleas, arguing that the country's activities were not reversible.Earlier this week, the L.A. Times reported, the U.N. Security Council decided to give Iran 30 days to respond to the International Atomic Energy Agency's request to halt uranium enrichment research. This agency is the U.N.'s nuclear watchdog.
Twitter Facebook Google+


Please note that comments may be moderated. 
Leave this field empty:

Fleet Incentives

Determine the actual cost of owning and running a vehicle in your fleet. Compare vehicles by class and model.


Fleet Tracking And Telematics

Todd Ewing from Verizon Connect will answer your questions and challenges

View All


Fleet Management And Leasing

Jack Firriolo from Merchants will answer your questions and challenges

View All


Fuel Management

Bernie Kanavagh from WEX will answer your questions and challenges

View All


Sponsored by

In North America, the company operates as Hyundai Motor America and sells a compacts, sedans, crossovers, and premium/performance-oriented models.

Read more

Fuel Saving Strategies Survey

View our 2008 survey to benchmark your fleet's fuel and green strategies with other fleets.

Fuel Calculator

A managed fuel program can help you save time and money and gain control over the way you fuel your vehicles. Determine your potential savings by using our fuel calculator.
Launch Fuel Calculator 

Fuel Prices

U.S. Gasoline and Diesel Fuel Prices.

Launch Fuel Prices 

Up Next

More From The World's Largest Fleet Publisher