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Oil rises slightly to near $107 amid Iran tension (AP)
Published at 5 March 2012, 05:31 GMT

Flames rise from an Egyptian pipeline distribution station after an attack in the Sinai peninsula in this July 12, 2011 file photo. Israel may be facing a summer of power outages as the country scrambles to replace gas supplies lost because of sabotage attacks on a pipeline in Egypt's Sinai peninsula. Picture taken July 12, 2011. To match Feature ISRAEL-EGYPT/GAS  REUTERS/Stringer/Files (EGYPT - Tags: POLITICS CIVIL UNREST ENERGY)AP - Oil prices rose slightly to near $107 a barrel Monday in Asia as simmering tensions over Iran's nuclear program kept crude near 10-month highs.

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