Oil inches up as Iran and United States trade threats
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NEW YORK (Reuters) - Oil prices edged up on Monday, after Brent touched above $70 a barrel, as rhetoric from the United States, Iran and Iraq fanned tensions in the Middle East after a U.S. air strike killed a top Iranian military commander. Brent crude futures rose 22 cents to $68.82 a barrel by 12:19 p.m. EST (1719 GMT), after soaring to a high of $70.74 a barrel from Friday's settlement.U.S. West Texas Intermediate crude was up 7 cents at $63.12 a barrel after touching $64.72, its..