Oil prices rose on Thursday underpinned by a spike in fuel demand as a major storm barreled into Florida and concerns about potential supply disruptions in the Middle East amid heightened tensions between Israel and major oil producer Iran.
Brent crude futures rose 63 cents, or 0.8%, to $77.21 a barrel, while the U.S. West Texas Intermediate (WTI) futures were up 63 cents, or 0.9%, at $73.87 a barrel at 0423 GMT.
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