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Oil prices rose by about 3% on Thursday, after Prime Minister Benjamin Netanyahu ordered Israel’s military to intensify attacks against Iran and investors watched for signs of whether the U.S. will increase involvement in the conflict.
The global benchmark for oil, Brent, added $2.15, or 2.8%, to close at $78.85 a barrel, its highest settlement since Jan. 22. U.S. crude oil rose 3.2% to a session high of $77.58 per barrel at one point. – CNBC
