Pakistan, Jan. 25 -- Oil prices climbed sharply on Friday, hitting their highest levels in over a week after the United States increased pressure on Iran through fresh sanctions and deployed a naval armada to the region.
Brent crude futures rose $1.82, or 2.8%, settling at $65.88 a barrel, while US West Texas Intermediate crude gained $1.71, or 2.9%, to $61.07 per barrel, both marking multi-day highs.
The surge follows President Donald Trump's warnings to Tehran against harming protesters or reviving its nuclear program, raising concerns about potential disruptions to oil supply from the Middle East.
Kazakhstan also faced challenges in resuming output from its Tengiz oilfield, compounding global supply worries as the country struggles ...
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