Blast hits Iranian pipeline; oil jumps
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An explosion hit a oil pipeline in west Iran near the border with Iraq on Friday, causing a jump in oil prices as officials said they were probing whether the blast was caused by a technical fault or terrorism.
Pipeline blasts happen occasionally in Iran, the world's fifth-largest oil exporter, and are often attributed to sabotage. Last Friday an explosion halted gas exports to Turkey and authorities blamed it on Kurdish rebels. (Reuters)
