New Delhi, June 19 -- Crude oil prices traded higher on Multi Commodity Exchange (MCX) on Thursday following a rebound in the international Brent oil prices, supported by the escalating conflict between Israel and Iran in the Middle East.
MCX crude oil futures for July contract opened higher at Rs.6,360 per barrel as against its previous close of Rs.6,334 level. MCX crude oil prices rallied 2% to a high of Rs.6,467, and were last trading 1.72% higher at Rs.6,443 per barrel.
In the international market, crude oil prices surged after Israel said it attacked Iranian nuclear sites in Natanz and Arak overnight, adding to fears of a broader conflict in the Middle East that could disrupt crude supplies.
Brent crude futures rallied 1.05% to $7...
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