Crude prices hit one-months high in Asian trade on Friday following U.S. airstrikes in Syria even though the military action is unlikely to trigger supply disruptions in the region. Oil prices shot up 2% shortly after news that the U.S. military had launched nearly 60 Tomahawk missiles against a Syrian air base. Tensions in the Middle East often stoke prices the region produces almost 40% of the world’s crude. But Syria...

Source: Wall Street Journal April 07, 2017 03:11 UTC