Posted On: 02/26/2012 8:29:00 PM
Post# of 853

GLOBAL MARKETS-Oil climbs above $125/bbl on Iran; stocks edge up
NEW YORK, Feb 24 (Reuters) - Oil prices rose above $125 a barrel on Friday as the United Nation's nuclear watchdog said Iran has sharply stepped up work on uranium enrichment, putting Brent crude on track for a fifth straight weekly gain.

