Crude oil futures extend gains on Persian Gulf supply concerns
Oil futures rose for a second session amid renewed concerns about disruption of flows out of the Persian Gulf, with traders citing renewed U.S.-Iran tensions.
Oil futures are rising for a second session on renewed concerns about disruption of flows out of the Persian Gulf. "The latest leg higher is being driven primarily by the renewed escalation in tensions between the U.S. and Iran, with traders ignoring the controversial U.S.-Venezuela deal for now,"…