Oil price went to a one-month high yesterday after the United States attacked a Syrian government airbase, killing six people, rattling the oil-rich region.
US warships launched 59 Tomahawk cruise missiles at Shayrat Airfield on Thursday night in response to a chemical attack on civilians in the town of Khan Sheikhoun earlier in the week.
The toughest U.S. action yet in Syria’s six-year-old civil war has ramped up geopolitical uncertainty in the Middle East. This supported oil futures, which were on track for a three percent weekly increase on signs of higher U.S. demand and lower product inventories.