Oil Hits 1-Month High as Next Week’s Midterms Set Up an Iran Test
West Texas Intermediate (WTI) crude touched $106.2 per barrel on Friday, its highest intraday level since mid-September. The jump followed Iran’s claim that mines struck four tankers, a day after US forces called Hormuz lanes clear. WTI later eased to $104.1, and Brent traded near $111.9, up 9.4% from a month earlier.…
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