Oil Prices Holds Above $85 As Israel Braces For Iran Response

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U.S. oil prices are at five-month highs this week on rising concerns of open conflict between Israel and Iran after an airstrike killed top Iranian military officials in Syria on Monday. X Iran has vowed to respond to the airstrike, Reuters reported, which they claim targeted an Iranian consulate in Syria. The Associated Press also reported, citing Iran’s state television, that Iran’s Supreme National Security Council has decided on a “required” response to the strike. Israel has neither confirmed nor denied it was behind the attack targeting Iran. However, the threat of escalation between the two countries and the possibility…

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