Reuters
- Brent crude futures jumped close to $3 on Friday to their highest since September after a US air strike killed key Iranian and Iraqi military personnel.
- US West Texas Intermediate (WTI) crude futures <CLc1> rose $1.76, or 2.9%, to $62.94 a barrel. Earlier, it touched $63.84 a barrel, highest since May 1.
- "The supply side risks remain elevated in the Middle East and we could see tensions continue to elevate between the US and Iran-backed militia in Iraq," said Edward Moya, analyst at brokerage OANDA, in an e-mail to Reuters.
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SINGAPORE (Reuters) - Brent crude futures jumped close to $3 on Friday to their highest since September after a US air strike killed key Iranian and Iraqi military personnel, raising concerns that escalating Middle East tensions may disrupt oil supplies.
Brent crude futures <LCOc1> jumped nearly $3 to hit a high of $69.16 a barrel, the highest since Sept. 17. The front-month Brent March contract was at $68.25 a barrel, up $2.00, or 3%, by 0258 GMT.
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