Oil rises on risk of broadening Middle East conflict ...Iraq

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Oil rises on risk of broadening Middle East conflict
Shafaq News/ Oil prices rose during Asian trade on Thursday, extending gains from the previous session, after the killing of a Hamas leader in Iran raised the threat of a wider Middle East conflict and concern over its impact on oil. Global benchmark Brent crude futures rose 46 cents, or 0.6%, to $81.30 a barrel by 0355 GMT, while U.S. West Texas Intermediate crude futures gained 55 cents, or 0.7%, to $78.46 a barrel. The most active contracts on both benchmarks jumped about 4% in the previous session. Hamas leader Ismail Haniyeh was killed in the Iranian capital Tehran on Wednesday. His death came less than 24 hours after the most senior military commander of Lebanon-based Hezbollah was kil

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