Iran war pushes oil prices to 4-year high
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Strong earnings and economic data buck fears that prolonged disruption to Middle East fuel supplies will eventually dent economic growth.
Oil futures fall Thursday, reversing direction after reaching a four-year high on a report that President Donald Trump is considering escalating the war in Iran.
Axios reported that US Central Command has prepared a plan for a wave of "short and powerful" strikes on Iran.
The U.S. has continued its blockade of Iranian ports while the Strait of Hormuz is closed, pushing oil prices higher.