Economy
Oil Extends Gains as US Weighs Sending Carrier to Middle East
Livemint1h
THE BRIEF
1
Oil prices climbed for a third consecutive session as the United States considered deploying an additional aircraft carrier group to the Middle East.
2
West Texas Intermediate rose to about $93 a barrel and Brent settled above $102 following a report of a tanker hit by an unknown projectile in the Strait of Hormuz.
3
The Pentagon may deploy an extra aircraft carrier along with 10,000 sailors and Marines to the Persian Gulf, potentially escalating the conflict with Iran.