Oil prices jump on Middle East worries as U.S., Israel reportedly weigh fresh Iran strikes
The article ties the oil move to renewed Middle East conflict concerns and reports of possible fresh strikes on Iran, alongside a U.S. order for some personnel to leave Saudi Arabia.
Oil prices climbed Thursday on worries over a possible escalation in the Middle East conflict as the U.S. reportedly plans to resume strikes against Iran.
Brent crude futures rose 1.71% to $110.67 a barrel, while U.S. West Texas Intermediate crude gained 1.42% to $98.53.
The U.S. has ordered non-emergency government employees and their families to leave Saudi Arabia, and Tommy Pigott said the order applies only to Saudi Arabia.
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Oil prices jump on Middle East worries as U.S., Israel reportedly weigh fresh Iran strikes | Alpha Insights