Biden discourages Israel from striking Iran’s oil industry, crude posts best week in more than year
U.S. crude oil on Friday posted its biggest weekly gain in more than a year, as traders fear Israel could strike Iran’s crude facilities in retaliation for Tehran’s ballistic missile attack. U.S benchmark West Texas Intermediate surged 9.09% this week for the biggest weekly gain since March 2023. Global benchmark Brent jumped 8.43% for the […]