Black Gold Rises Over a Bus Explosion in Tel Aviv Israel

“Oil rose amid concern a blast on a bus in Israel will worsen conflict in the Middle East. The euro pared losses against the dollar after the region’s finance ministers failed to agree on a Greek debt-reduction package.

West Texas Intermediate crude futures climbed as much as 1 percent to $87.57 a barrel. The euro declined 0.1 percent to $1.2809 at 11:55 a.m. in London, after earlier weakening as much as 0.6 percent. The Stoxx Europe 600 Index (SXXP) and futures on the Standard & Poor’s 500 Index were little changed. The dollar appreciated to more than 82 yen for the first time since April after Japan’s exports fell more than forecast.

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