Oil Prices Rise on Iran Strike
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crude futuresReuters
•Oil extends gains on reports Iran preparing to strike at Israel
78% Informative
U.S. West Texas Intermediate crude futures rose $ 1.24 , or 1.8% , to $ 70.50 a barrel by 2229 GMT .
The December contract which expired on Thursday closed 0.85% higher at $ 73.17 .
Oil prices were also supported by expectations that OPEC+ could delay December 's planned increase to oil production.
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