India, Oct. 28 -- Oil prices moved back toward four-year highs on Wednesday as investors monitored election results in Israel and assessed the chances of U.S. resuming military strikes on Iran.
Brent crude futures jumped 1.2 percent to $115.28 a barrel, paring losses from the previous two sessions after U.S. President Donald Trump stated that further U.S. strikes against Iran after the midterm elections remain a possibility.
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