Oil prices rise slightly after US announces new round of strikes on Iran

Oil prices edged higher on Friday after the United States announced a new round of strikes against Iran, raising concerns about potential supply disruptions in the Middle East. Brent crude futures rose 0.3% to $73.20 a barrel, while U.S. West Texas Intermediate crude gained 0.4% to $69.50. The U.S. military conducted strikes on Iranian-linked targets in Syria in response to recent attacks on American forces. Analysts noted that the market remains cautious, with gains limited by ongoing global demand worries and ample supply from other producers.