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Oil prices rise with focus on Israel response to Iran attack

Oil prices rise with focus on Israel response to Iran attack

Investing.com-- Oil prices rose in Asian trade on Tuesday, coming close to six-month highs amid persistent concerns over a crisis in the Middle East after a report said that Israel's response to an Iranian attack may be imminent. Geopolitical tensions in the Middle East ramped up over the weekend after Iran launched a large-scale drone and missile strike against Israel. Oil prices had initially fallen in response to the strike, given that it caused minimal damage and as Iran also signaled that it was done attacking Israel.