Oil Prices Hold Steady As U.S. Decision On Iran Sanctions Looms

Oil prices held steady on Friday after shedding earlier gains, as market jitters kicked in over the prospect of geopolitical risks from possible new U.S. sanctions against Iran.

U.S. West Texas Intermediate (WTI) crude futures were trading 1 cent lower at $68.42 per barrel by 0258 GMT.

Brent crude oil futures were at $73.59 per barrel, down 3 cents, or 0.04 percent, from their last close after touching a intraday high of $73.80 per barrel in early morning trading.

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