Oil prices rose about 2 percent to a two-week high on Wednesday amid a bigger-than-expected drawdown from U.S. stockpiles and worries about global supplies after Iran called for an oil embargo on Israel over the conflict in the Gaza Strip. . Brent crude futures rose $1.60, or 1.8 percent, to settle at $91.50 a barrel at the time of settlement. U.S. West Texas Intermediate crude futures also rose $1.66, or 1.9 percent, to $88.32 a barrel after the settlement.
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