Benchmark oil prices jumped over 2 percent on Tuesday and U.S. crude topped $70 for the first time in two months, as Washington pushed allies to halt imports of Iranian crude. Brent crude LCOc1 gained $1.30 to trade at $76.03 a barrel by 2:17 p.m. EDT (1817 GMT). U.S. light crude CLc1 rose $2.08 to $70.16. The United States is pushing countries to halt imports of Iranian oil from November, a senior State Department official said, and it will not grant any waivers to sanctions. “We’re going to isolate streams of Iranian funding and looking to highlight the totality of Iran’s malign behavior across the region,” the official told reporters. U.S. President Donald Trump in May said his administration was withdrawing from […]