Oil prices rose $1 on Thursday after drones struck Iraqi Kurdistan oil fields for a fourth day, pointing to continued risk in the volatile region.

Drones targeted oil fields in Iraq’s semi-autonomous northern Kurdish region Wednesday, the latest in a series of attacks in recent days that have put several oil facilities out of commission. No group has claimed responsibility for the attacks,

Fresh drone strikes have struck three of Iraq's oil fields on Wednesday, in what has become a string of UAV and missile attacks across the Middle Eastern country's Kurdistan region. The Iraqi Kurdistan counter-terrorism forces said that within 15 minutes at 6 am local time (5 am CEST) on Wednesday,