Brent, WTI Crude Surge Over 1% on Middle East Tensions, Supply Draws
Geopolitical risks and a seventh straight weekly drop in US crude inventories push oil prices to one-week highs. Brent crude futures climbed $1.56, or 1.6%, to $97.56 per barrel, while US WTI crude rose $1.61, or 1.7%, to $95.37. Both benchmarks reached their highest level