Brent crude price jumps near $70 as Iran risk lifts oil despite big U.S. stock build
Brent crude futures climbed almost 2% on Wednesday, slipping back toward $70 a barrel as fresh U.S.-Iran tensions took precedence over a notable jump in U.S. crude inventories. Brent added $1.22, or 1.77%, to reach $70.02 by 1647 GMT. U.S. West Texas Intermediate crude moved up $1.21, or 1.89%, to $65.17.
