Oil Rises After Industry Report Points to US Stockpile Drawdown

-- Oil rose, after falling more than 2% on Tuesday, as an industry report pointed to a sizable drop in US crude stockpiles and tensions simmered in the Middle East.Johannesburg Mayor Quits Amid Infighting, Financial Woes

Elsewhere, risks remain that a retaliatory strike by Iran on Israel may lead to a spike in oil prices. The US said an attack has grown more likely and could come as soon as this week.Kamala Harris 4.0: Liberal, Moderate or Something Else?Oil strengthens as fall estimated in US crude inventories After the COVID-19 pandemic, two strikes in Hollywood and with the impact of streaming and the advent of A.I, the media landscape has continued to shift and consolidate, as Warner Bros. Discovery CEO David Zaslav predicted as recently as the 2024 Allen & Co. Sun Valley Retreat.

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