Aug 14 : Oil prices rose on Friday and were on track for weekly gains after the United States threatened an indefinite naval blockade of Iran, raising concerns about disruptions to crude supplies from the Middle East.Brent futures were up 12 cents, or 0.14 per cent, to $87.19 a barrel at 1047 GMT, while U.S.

LONDON, Aug 12 : Oil prices rose in volatile trade on Wednesday after attacks on two ships reinforced worries about disruptions to Middle East supplies and as talks to end the…

BEIJING, Aug 12 : Oil prices rose on Wednesday morning as doubts about a U.S.-Iran peace deal and attacks on two ships fuelled concerns about Middle East supply disruptions, even…