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Singapore, February 20 (QNA) – Oil prices edged higher on Friday amid escalating concerns over potential supply disruptions linked to rising geopolitical tensions between the United States and Iran.
Brent crude futures rose 21 cents, or 0.3%, to $71.87 per barrel, while US West Texas Intermediate (WTI) crude futures gained 23 cents, or 0.4%, to $66.66 per barrel.
Oil prices had settled at their highest levels in six months on Thursday, supported by tightening supply expectations and geopolitical risks. (QNA)
