Oil Prices Rise Toward Fourth Monthly Gain
Oil prices climbed as an attack on a tanker in the Strait of Hormuz highlighted ongoing supply risks. Brent and WTI futures are both set for substantial monthly gains amid the lingering conflict.
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Brent Crude Oil rose to $116.08 a barrel during Friday morning trade, heading toward its fourth consecutive monthly gain following a tanker attack in the Strait of Hormuz.
