World oil prices surged for the second straight day Tuesday as a weaker dollar lifted commodities and the market fretted about geopolitical tensions over Iran's nuclear program.
New York's main contract, light sweet crude for January delivery, closed at 78.37 dollars a barrel, up 1.09 dollars from Monday.
In London, Brent North Sea crude for January delivery gained 88 cents to settle at 79.35 dollars a barrel.
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