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evan888
2021-08-05

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Oil prices rise on Mideast tensions; crude stock build caps gains

SINGAPORE, Aug 5 (Reuters) - Oil prices edged higher on Thursday, supported by tensions in the Middl

Oil prices rise on Mideast tensions; crude stock build caps gains

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RichWife
·2021-08-05
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Both benchmarks fell by more than $2 a barrel on Wednesday.\nIsraeli aircraft struck what its military said were rocket launch sites in south Lebanon early on Thursday in response to earlier projectile fire towards Israel from Lebanese territory.\nTwo rockets launched from Lebanon on Wednesday struck Israel, which initially responded with artillery fire amid heightened regional tensions over an alleged Iranian attack on an oil tanker in the Gulf last week.\nThe exchange came after an attack last Thursday that Israel blamed on Iran on a tanker off the coast of Oman. Two crew members, a Briton and a Romanian, were killed. 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