On Thursday, October 31, oil prices rose by $2 per barrel on global exchanges. This increase followed reports that Iran is preparing to attack Israel from Iraqi territory in the coming days, according to Reuters. WTI crude oil futures jumped by $2.15, or 3.13%, reaching $70.76 after trading closed at 3:22 p.m. EDT, while Brent futures for January increased by $2.10, or 2.91%, to $74.26. At the same time, Brent crude futures rose by 61 cents, or 0.84%, to $73.16 per barrel. Trading for Brent futures for December concluded on Thursday, with the more active January contract settling at $72.81. WT…