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The recent rebound reflects traders' growing concern about the expanding war, which now extends from the Persian Gulf to the Red Sea.
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;Resize=(620)) U.S. President Donald Trump said on Thursday he would hold ?Iran accountable for any attacks by Yemen's Houthi militants, who ?said this week they ?were imposing a naval blockade on Saudi Arabia.
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Oil prices rose Thursday to their highest level since early June after the latest Iran war escalation threatened severe new disruption to global supplies.
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The president has attended two previous dignified transfers since the war began; this is the first since he declared the ceasefire over.
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The risk of continued fighting and a threatened blockade in the Red Sea added to uncertainty about the flow of energy from the region.
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An Israeli minister sought to downplay the expected deal, but critics said it could spur other regional countries to pursue a nuclear program, and potentially the creation of a bomb.
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Trump will attend the dignified transfer of U.S. service members killed in the Middle East. And, Pete Hegseth is requesting billions from Congress to help with the rising cost of the war in Iran.
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