Singapore, Feb. 20 (SANA) Oil prices rose on Friday amid escalating concerns over a potential conflict between the United States and Iran and possible supply disruptions.
Brent crude futures gained 25 cents, or 0.4%, to settle at $71.91 a barrel, while U.S. West Texas Intermediate crude rose 31 cents, or 0.5%, to $66.74 a barrel, according to CNN.
Both benchmarks had closed at their highest levels in six months on Thursday.
Priyanka Sachdeva, senior market analyst at Philip Nova, said crude prices reached six-month highs due to potential supply risks through the Strait of Hormuz, keeping markets on alert.
