The Wall Street Journal - Brent crude oil is up 1.2% at $69.09 a barrel and WTI futures are up 0.9% at $63.29 a barrel, with oil reversing its losses late last night after Iran said it had fired missiles at a base in Iraq where U.S. troops are stationed.

That latest flashpoint in a week of heightened tensions is behind Wednesday�s rally, DNB Markets� Helge Martinsen says.

While quantifying the risk premium currently included in prices, �it is interesting to see that the Iran�s foreign minister Javad Zarif tweeted that �Iran took & concluded proportionate measures in self-defense under Article 51 of UN Charter�, while Trump tweeted...

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