YOUR BUSINESS AUTHORITY
Springfield, MO
YOUR BUSINESS AUTHORITY
Springfield, MO
Oil prices rose on Wednesday on fears conflict in the Middle East could turn into a wider war and disrupt oil supply from the key producing region after Iran fired ballistic missiles at Israel.
Brent futures rose 83 cents, or 1.13%, to $74.39 a barrel, while U.S. West Texas Intermediate crude rose 88 cents, or 1.26%, to $70.71 at 0029 GMT, coming slightly down from spiking by more than $1 earlier in the session.
During trading on Tuesday, both crude benchmarks jumped more than 5%.
Read more from CNBC.
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