Escalating Middle East tensions were driving up oil prices on Friday, amid rising fears that Israel is close to launching a ground invasion of Gaza after its military ordered more than a million people in the territory to flee south.
Price action
Market drivers
Oil prices were breaking with a three-session skid on Friday as investors watched headlines coming out of the Middle East. The Israeli military ordered around 1 million people in northern Gaza on Friday to evacuate to the south.
That…
