Driven by simmering tensions between the U.S. and Iran, oil prices continued to trade higher during morning trade in Asia Friday hours after soaring to their highest level for the month.
U.S. WTI crude futures were up 0.47% to $57.40 by 8:36 PM ET (00:30 GMT). Brent crude, traded in London, was up 0.42% to $64.78. The spread between the two key benchmarks is the lowest it has been since April.
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