Oil is trading higher amid Israel-Iran tensions.
Portfolio Pulse from Benzinga Newsdesk
Oil prices are trading higher due to escalating tensions between Israel and Iran.
July 31, 2024 | 7:29 pm
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The United States Oil Fund (USO) is likely to see a short-term increase in price due to rising oil prices amid Israel-Iran tensions.
USO tracks the price of oil, and with oil prices rising due to geopolitical tensions, USO is expected to see a short-term price increase.
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