Oil prices rose $1 on Thursday after drones struck Iraqi Kurdistan oil fields for a fourth day, pointing to continued risk in the volatile region.

“The drone attacks in Kurdish energy sites grew out of a sequence of drone attacks since 19 June on Kurdish security forces, where Iraqi militias were claiming that Kurdistan was supporting Israeli and US strikes on Iran,” Michael Knights, a senior fellow at The Washington Institute, told MEE.

A drone loaded with explosives struck an oil field in Iraq’s northern Kurdistan region on Thursday, Kurdish forces said — the second attack in two days on the […]