Unrest in Iran Pushes Oil Prices Higher

Oil prices continued to climb early on Tuesday as markets focused on unrest in Iran and the risk of a U.S. intervention disrupting supply in the world's most important oil region. At the time of writing, WTI Crude was trading around $59.74 per barrel, up 0.4%, while Brent Crude was near $64.09, 0.34% higher. Both benchmarks are nearly 6% higher on the week as geopolitical risk continues to dominate. Nationwide protests in Iran, sparked initially by economic grievances and now encompassing broader political demands, have evolved into one of the…