Oil rises on supply fears as Middle East attacks escalate

MUSCAT : Oil prices rose in early trading on Friday as escalating attacks in the Middle East heightened concerns over supply shortages, according to a report by Reuters. Brent crude futures gained 86 cents, or 0.75%, to $115.74 a barrel, while U.S. West Texas Intermediate crude rose 72 cents, or 0.71%, to $102.72. Both benchmarks …