Oil rises above $101 as Iran tensions rise

Oil rises above $101 as Iran tensions rise Associated Press Copyright 2011 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed. Updated 09:41 p.m., Sunday, December 4, 2011 SINGAPORE (AP) — Oil prices rose above $101 a barrel Monday in Asia amid growing tensions between Iran and Western powers and signs the U.S. economy is improving ...