Oil rises after U.S. Navy downs Iranian drone; set for weekly fall

Oil prices rose on Friday as tensions brewed again in the Middle East after a U.S. Navy ship destroyed an Iranian drone in the Strait of Hormuz, a major chokepoint for global crude flows. [Source]

Origin: reuters.com

Category: businessNews

Topics: Iranian, flows, crude, global, chokepoint, major, Hormuz, Strait, drone, destroyed, Middle, again, brewed, tensions, prices, weekly, drone;, downs, rises

Source: http://feeds.reuters.com/~r/reuters/businessNews/~3/VA0t8AFLgH8/oil-rises-after-u-s-navy-downs-iranian-drone-set-for-weekly-fall-idUSKCN1UE04M