Oil prices extend gains on fears of escalating tensions in Mideast [Yahoo! Finance Canada]
RAKUTEN GROUP INC S/ADR (RKUNY)
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Source: Yahoo! Finance Canada
TOKYO, Feb 4 (Reuters) - Oil prices rose on Wednesday, extending the previous day's gains, after the U.S. shot down an Iranian drone and armed Iranian boats approached ?a U.S.-flagged vessel in the Strait of Hormuz, rekindling fears of an escalation in ?tension between Washington and Tehran. Brent crude futures were up 65 cents, or 1.0%, at $67.98 per barrel at 0111 GMT. U.S. West ?Texas Intermediate crude was at $63.90 per barrel, up 69 cents, or 1.1%. Both benchmarks rose nearly 2% on Tuesday. The U.S. military on Tuesday shot down an Iranian drone that "aggressively" approached the Abraham Lincoln aircraft carrier in the Arabian Sea, the U.S. military said, in an incident first reported by Reuters. Separately, in the Strait of ?Hormuz between the Persian Gulf and ?the Gulf of Oman, a group of Iranian gunboats approached a U.S.-flagged tanker north of Oman, maritime sources and a security consultancy said on Tuesday. Meanwhile, Tehran ?is demanding that its talks with the
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