Oil rises after reports White House weighing Iran strikes
AI Summary
Oil prices climbed after reports that the White House is considering new strike options against Iran ahead of the November elections. Brent rose 4.4% to $104.60 per barrel, while US benchmark WTI gained 3.91%.
Oil prices rose amid reports on Thursday that the White House is weighing new strike options on Iran, less than a month before the November elections. Brent crude, the global benchmark, increased to $104.60 per barrel with a 4.4 percent jump on Thursday morning. The U.S. benchmark, West Texas Intermediate (WTI), jumped 3.91 percent and…