Oil prices climbed for a fourth day on Thursday. New U.S. strikes on Iran fuelled fears of conflict and supply disruptions. Brent crude futures rose to $85.28 a barrel and WTI futures reached $80.02. Analysts suggest WTI could rise further depending on conflict developments. U.S. crude inventories fell by 1.7 million barrels last week.
Oil prices climbed for a fourth day on Thursday. New U.S. strikes on Iran fuelled fears of conflict and supply disruptions. Brent crude futures rose to $85.28 a barrel and WTI futures reached $80.02. Analysts suggest WTI could rise further depending on conflict developments. U.S. crude inventories fell by 1.7 million barrels last week.
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