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Oil prices moved higher Friday, with global benchmark Brent crude on track to tally a fifth-straight weekly gain, after the Pentagon said it is sending more troops and warships to the Middle East — the latest sign of escalation in the conflict that started nearly three weeks ago.
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Oil prices had been gyrating this week, after a new round of attacks on major energy facilities in Iran and Qatar raised concerns about energy supplies.
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Work from home, drive slower and don't use gas cookers: IEA advice on weathering the global energy crisis CNBCPeople urged to work from home in global oil crisis The TelegraphNew IEA report highlights options to ease oil price pressures on consumers in response to Middle East supply disruptions IEA - International Energy AgencyWork From Home, Carpool and Fly Less to Combat Soari
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As the broader war in the Middle East begins its third week, worries over the fallout of crippled energy supplies continue to roil markets.
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