“These drone strikes are a pointed warning," analyst says; brent crude futures climb $2.01, or 1.84 per cent, to $111.27 a barrel.

HOUSTON: Oil prices gained more than 3 per cent on Friday, climbing more than $3 a barrel, after comments by US...

Oil prices surged this week as U.S. President Trump and Iran's foreign minister exchanged remarks, dampening hopes for a near-term agreement on ship attacks around the Strait of…