Oil Prices Up with Possibility of Iran Attacking Israel.
MANILA: Oil prices continued to climb on Friday following news reports that Iran is preparing to strike Israel in a few days. The international oil benchmark of Brent crude increased by 0.55 percent to USD74.43 per barrel at 11.09 a.m. local time (0809 GMT), up from the previous session’s close of USD74.02. The US benchmark West Texas Intermediate also rose by 0.64 percent to USD70.74 per barrel, compared to USD70.29 at the prior session’s close. According to Philippines News Agency, Brent oil price increased by 2.2 percent and WTI rose by 2.1 percent during the day on Thursday. The concern