Oil prices hit their highest level since November 2014 on Thursday, with Brent crude creeping closer to $80 per barrel as supplies tighten and tensions with Iran simmer. Brent crude futures LCOc1 rose 32 cents to $79.60 per barrel at 0846 GMT. U.S. West Texas Intermediate (WTI) crude futures were up 29 cents at $71.78 a barrel. That was not far off Tuesday’s $71.92 a barrel – also a level not seen since November 2014. The prospects of a sharp drop in Iranian oil exports in the coming months due to renewed U.S. sanctions following President Donald Trump’s decision to withdraw from an international nuclear deal with Tehran has lifted oil prices in recent weeks. France’s Total on Wednesday warned it might abandon a multi-billion-dollar gas project in Iran if it […]