By Matthew Robinson
NEW YORK - Oil jumped to a record high above US$75 a barrel on Wednesday on strong US demand and ongoing tensions over Iran's nuclear programme.
US crude CLc1 last traded US$1.22 higher at US$75.15 a barrel after hitting a record US$75.40 a barrel earlier on Wednesday. The market was was closed on Monday and Tuesday for the Independence Day holiday. London Brent crude LCOc1 was up US$1.52 at US$74.03
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