
Brent advances toward $100/bbl after Iran threat to Gulf energy infrastructure
(Investing) – Oil prices rose on Tuesday, with Brent crude extending gains above $98 a barrel during the session, as investors weighed risks of further disruption to Middle East energy supplies after Iran warned that oil and gas infrastructure across the Gulf could be targeted in retaliation for attacks on its assets. Brent Oil Futures expiring in November were up 1.7% at