oil prices, gasoline
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Investing.com-- Oil prices rose sharply in Asian trade on Thursday, coming back in sight of the coveted $100/barrel level after reports showed two tankers were attacked in Iraqi waters. The reports kept markets largely on edge over supply disruptions from the U.S.-Israel war with Iran, which entered its thirteenth consecutive day on Thursday.
It is unclear who will ultimately govern Iran, the fourth-largest oil producer in OPEC, after U.S.-Israel strikes killed Ayatollah Ali Khamenei.
The price of oil surged higher and showed no signs of halting its rapid climb a week after the U.S. and Israel launched major attacks on Iran that escalated into a war in the Middle East.