U.S. crude oil posts second weekly gain on Middle East war risk

Traders worry Israel will hit Iran's oil industry, potentially triggering a cycle of escalation that causes a significant disruption of supplies.

Oct 12, 2024 - 07:00
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U.S. crude oil posts second weekly gain on Middle East war risk
Traders worry Israel will hit Iran's oil industry, potentially triggering a cycle of escalation that causes a significant disruption of supplies.