Oil prices (CL=F, BZ=F) are on the move, registering its third consecutive day of gains. This surge comes in the wake of escalating Middle Eastern tensions, as Iran launched a ballistic missile attack on Israel on Tuesday, sparking fears of potential oil supply disruptions in the region.
Yahoo Finance Senior Markets Reporter Ines Ferré delves into the details, analyzing the factors driving the commodity’s price higher.
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This post was written by Angel Smith
