Oil drilling rigs
Oil prices increased on Friday, amid investor concerns about the escalating conflict in the Middle East following reports of explosions in the Iranian city of Isfahan believed to be an Israeli attack.
Brent crude futures for June delivery rose by 1.89% or $1.60 to $88.76 a barrel at 09:01 am Makkah Time.
West Texas Intermediate (WTI) crude futures for May delivery added by 2.07% to $84.44 a barrel.
Israel, early Friday morning local time, launched missiles in a retaliatory strike against Iran, ABC News reported. An explosion was heard in the city of Qahjavaristan, Iranian state media reported.