India, Oct. 30 -- Oil prices were sharply higher on Friday on signs the U.S. may resume military strikes against Iran.
Brent crude futures for January delivery jumped 1.6 percent to $112.57 a barrel and headed for another weekly gain amid Houthi attacks on Saudi infrastructure and fears that the Trump administration could resume strikes against Iran after the November 3 midterm elections.
WTI crude futures were up 1.6 percent at $103.63 a barrel amid heightened fears of supply disruptions.
For comments and feedback contact: editorial@rttnews.com
Published by HT Digital Content Services with permission from RTT News....