Oil prices rose over 1% Today, pushing Brent above $70 a barrel, as rhetoric from the United States, Iran and Iraq fanned tensions in the Middle East after a U.S air strike which killed a top Iranian military commander.

Quoting Reuters, U.S. West Texas Intermediate CLc1 crude was at $63.77 a barrel, up 72 cents, or 1.14%, after touching $64.72, the highest since April.