Oil price rises after Israeli strikes on Gaza

The price of oil rose today on new concerns about possible supply disruptions in the Middle East after Israel launched air strikes in Gaza.

Oil price rises after Israeli strikes on Gaza

The price of oil rose today on new concerns about possible supply disruptions in the Middle East after Israel launched air strikes in Gaza.

Benchmark oil rose 76 cents to 86.14 dollars per barrel in New York. Brent crude, used to price international varieties of oil, rose 1.22 dollars to 108.56 dollar per barrel in London.

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