US Coastal Crude Grades Rise Amid Escalating Middle East Tensions
US coastal crude grades saw a rise on Thursday due to concerns that heightened tensions in the Middle East could lead to supply disruptions. The US is deploying additional military assets to the region.
US coastal crude grades rose on Thursday, dealers said, as worries mounted that escalating tensions in the Middle East could curb supply. The US was sending a third aircraft carrier and up to 10,000 more troops to the Middle East as President Donald Trump weighs resuming strikes on Iran after the US midterm…