World Commodities - World oil prices move higher as US strike killed Iranian commander.

 
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Byline: S. Kamal Hayder Kazmi

Oil prices jumped to the highest level in more than three months on Friday after the United States killed a top Iranian military commander in Iraq, sparking fears that escalating conflict in the region could disrupt global oil supplies.

Brent crude ended the session up 3.6% or $2.35 at $68.60 a barrel, off the session peak of $69.50, the highest level since the mid-September attack on Saudi oil facilities. West Texas Intermediate (WTI) crude settled up...

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