Oil prices climb as U.S. threatens sanctions against Venezuela
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SYDNEY/SINGAPORE (Reuters) - Oil prices rose on Friday as turmoil in Venezuela triggered concerns that its crude exports could soon be disrupted.Washington on Thursday signalled it could impose sanctions on Venezuela's oil exports as Caracas descends further into political and economic turmoil.Brent crude oil futures were at $61.62 a barrel at 0755 GMT, 53 cents, or 0.9 percent, above their last close. At one point earlier on Friday, the international benchmark crude rose as high as $61.92 a..