Oil prices rose early on Friday as protests in Iran continued to escalate, unnerving market participants that one of the biggest oil producers in the Middle East could see supply threatened. Both the WTI and Brent benchmarks traded about 0.7% higher as of 8:05 a.m. ET, as the market assessed potential risks to supply from the ongoing unrest in Iran. The U.S. benchmark crude futures, WTI, were up by 0.74% to trade at $58.16 per barrel, while the international benchmark, Brent, was up above the $62 per barrel mark, at $62.42, up by 0.71%.…
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