01-03-2024 13:42 via rocketnews.com

Oil prices rise after Gaza deaths heighten tensions

Oil futures rose Friday after a strike by Israeli forces a day earlier was said to have killed more than 100 Palestinians waiting for aid in Gaza. President Joe Biden said the deaths would complicate talks around a cease-fire between Israel and Hamas, according to news reports. Biden had said earlier this week that he had seen prospects for an agreement as early as Monday. Price moves West Texas Intermediate crude CL00, +1.88%for April delivery CL.1, +1.88% CLJ24, +1.88%rose $1.24, or 1.6%, to $
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