NewsBreak – Oil Prices Jump to Session Highs, Brent up 2%…@@
Oil prices rose to their highest levels of the day on Thursday as a tweet by Iran’s foreign minister ramped up geopolitical tensions in the Middle East and concerns remained over a supply disruption in Saudi Arabia.
U.S. crude oil WTI futures gained 1.6% to $58.99 by 6:04 AM ET (1005 GMT), while Brent jumped 2.2% to $65.02.
Iranian Foreign Minister Mohammad Javad Zarif suggested accusations that attacks on Saudi oil sites were “an act of war” may be aimed at deceiving U.S. President Donald Trump into a war against Tehran.
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