Oil Pushes Above $70 as Investors Fear U.S. Strike on Iran

By Dow Jones Newswires Staff Oil pushed above $70 a barrel on rising concerns that a U.S. strike against Iran could be imminent. The threat of military action and subsequent disruption to oil trade and shipping also helped to push gold back above $5,000 an ounce. Developments in the region damped sentiment even as U.S. equities benefited as fears from artificial-intelligence disruption abated on Wednesday. U.S. futures hovered around par in early European trade. A tech recovery in the U.S. spurred a rally in Korean and Japanese equities, though European stocks were down at the open after a suite of…