Singapore, May 15 (QNA) - Oil prices rose on Friday as markets remained cautious over escalating Middle East developments and their potential impact on Strait of Hormuz shipping flows.
Brent crude futures climbed 60 cents, or 0.57%, to $106.32 a barrel.
US West Texas Intermediate crude futures gained 54 cents, or 0.53%, to $101.71 a barrel. (QNA)