Oil rises on concerns over escalating tensions in West Asia; Brent at $106 (Soban News)

Both benchmark contracts settled up more than 3 per cent on Thursday and jumped $5 a barrel after reports that air defences were engaging targets over Tehran​Both benchmark contracts settled up more than 3 per cent on Thursday and jumped $5 a barrel after reports that air defences were engaging targets over Tehran ​Latest News [ SOBAN NEWS: International and National ]