O&G Stocks Climb on Bursa as Oil Hits Two-Month High Amid US-Iran Tensions

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Oil prices rose on Thursday to their highest levels in more than two months. Brent crude futures rose 15 cents, or 0.2 percent, to $69.92 a barrel by 12:30 a.m. GMT, while U.S. West Texas Intermediate crude gained 22 cents, or 0.3 percent, to $68.37. Both benchmarks jumped more than 4 percent on Wednesday to their highest levels since early April.