Oil prices rise on geopolitical tensions, but U.S. supply gains limit rally

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Oil prices climbed over $1 a barrel on Wednesday amid escalating global tensions, though rising U.S. inventories tempered the gains.

Brent crude (CO1:COM) settled at $67.49, up $1.10 (1.7%), while U.S. West Texas Intermediate (CL1:COM) rose $1.04