Oil prices rose on Thursday as a week-old air war between Israel and Iran escalated and uncertainty about potential U.S. involvement kept investors on edge.
Brent crude futures were up $1.48, or 1.9%, to $78.18 a barrel by 1230 ET (1630 GMT). U.S. West Texas Intermediate crude for July was up $1.72, or 2.3%, at $76.86.
Trading volumes were light on Thursday due to a U.S. federal holiday.
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