Tokyo — Oil prices climbed about 2% on Friday after the US Navy destroyed an Iranian drone in the Strait of Hormuz, a major chokepoint for global crude flows, again raising tensions in the Middle East.

Brent crude futures were up $1.28c, or 2.1%, at $63.21 by 3.29am GMT. They had dropped 2.7% on Thursday, falling for a fourth day that leaves them still set for a weekly drop of more than 5%...

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