Oil up on Iran sanctions but set for weekly decline
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NEW YORK (Reuters) - Oil prices rose more than 1 percent on Friday as U.S. sanctions against Iran looked set to tighten supply, but futures remained lower for the week as investors worried that global trade disputes could slow economic growth and hurt demand for energy.Benchmark Brent crude oil was up $1 at $73.07 a barrel by 10:52 EDT (1452 GMT). U.S. light crude was 92 cents higher at $67.73 a barrel. Brent remained on course to fall 0.3 percent in the week, while U.S. crude was on track to..