The Financial Post reports in its Wednesday, June 27, edition that crude rose to the highest in a month as United States pressure on allies to stop importing from Iran overshadowed a looming surge in Saudi Arabia's production. A Bloomberg dispatch to the Post reports that futures rose 3.6 per cent in New York. The U.S. pushed allies to cut Iran oil imports to zero by November, a militia leader handed over control of some of Lybia's biggest crude-exporting terminals and an oil sands upgrader in Canada may be shut for a month. Earlier in the session, prices retreated briefly after Saudi Arabia was said to plan to pump a record amount of crude in July. Bank Wealth Management manager Rob Haworth says: "Even if Saudi Arabia is ramping up, there's enough concern in the market about production shutdowns, whether it's Canada, Libya, to hold these prices up. ... It's a market that still has a bullish bias to it." In Libya, forces loyal to Khalifa Haftar turned over ports with a combined export capacity of 800,000 barrels a day to the National Oil Corp. in Benghazi. Mizuho Securities' Bob Yawger says some of the Libyan ports are going to be "administered by the wrong person at this point. That could be a problem."