Oil extends gains as Middle East conflict risks lift supply worries
Oil prices extended gains Tuesday as risks of a prolonged Middle East conflict grew after Iran threatened to retaliate against any new U.S. attacks. Brent crude futures climbed 34 cents, or 0.35%, to $97.34 a barrel.
Oil prices extended gains on Tuesday as risks of a prolonged conflict in the Middle East increased after Iran threatened to retaliate against any new U.S. attacks on its assets, raising concerns about supply disruption. Brent crude futures ICEEUR:BRN1! rose 34 cents, or 0.35%, to $97.34 a barrel by…