Oil prices jump 4pc on supply fears

Dawn 35 h پاکستان

NEW YORK: Oil prices jumped about 4 per cent to a one-week high on Tuesday as a resumption in fighting between the US and Iran renewed fears of supply disruptions from the Middle East. Brent futures rose $3.44, or 3.8pc, to $93.93 a barrel at 1:10 p.m. EDT (1710 GMT), while US West Texas Intermediate crude rose $3.72, or 4.3pc, to $89.48. That would mark the highest close for Brent since Aug 20 an

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