Oil Jumps After Renewed US-Iran Fighting, Then Pares Gains

By Erwin Seba Oil benchmarks pare gains of as much as 3% Brent, WTI on course for falls of more than 7% for the week HOUSTON, May 8 (Reuters) – Brent crude futures jumped as much as 3% on Friday, a ​day after the U.S. and Iran traded air strikes, but pared gains as traders … Read more