Oil prices are rising amid ongoing military action in the Middle East and are set to end the week with a sharp gain.
September Brent futures rose by $0.72 (0.85%) to $84.95 per barrel on the London-based ICE Futures exchange. On Thursday, Brent fell by $0.72 (0.85%) to $84.23 per barrel.
August WTI futures gained $0.78 (0.99%) to $79.73 per barrel in electronic trading on the New York Mercantile Exchange (NYMEX). In the previous session, they fell by $0.65 (0.82%) to $78.95 per barrel.
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