Oil prices rise as US-Iran tension increases; Brent crude crosses $100, WTI up 3% & more related News Here
The oil market rose on Friday as tensions between the US and Iran increased, making traders cautious again. With this, oil markets reversed sharp losses recorded earlier this week, when prices had fallen on hopes of a diplomatic breakthrough between the two countries and the reopening of the Strait of Hormuz.West Texas Intermediate crude hit…