Oil Gains on Supply Risks From Libya Attack, Iran Talks
- Crude climbed as an attack on Libya’s biggest oil port and a disagreement between the U.S. and Israel about nuclear talks with Iran emphasized risks to supply across the Middle East. Oil rose as much as 3.8 percent in London and 2.2 percent in New York. The port of Es Sider wasn’t damaged in an attack by a plane belonging to Libya’s Islamist-backed government, the nation’s Petroleum Facilities Guard said. Israeli Prime Minister Benjamin Netanyahu told U.S. lawmakers that an emerging U.S. agreement with Iran would backfire and ensure that ...
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