A crew man walks along the deck of oil tanker ‘Devon’ as it prepares to transport crude oil from Kharq Island to India in Bandar Abbas, Iran. (Photographer: Ali Mohammadi/Bloomberg)

Oil Climbs as Storm Ravages U.S. Gulf and Global Risks Abound

(Bloomberg) -- Crude advanced as Hurricane Michael shut more offshore oil platforms and the International Energy Agency warned that the global market is entering a “red zone.”

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