
Plentiful oil supply dampens industry reaction to growing Middle East conflict
By Georgina McCartney and Liz Hampton HOUSTON/DENVER (Reuters) -The oil industry and markets have had a muted reaction to growing conflict in the Middle East, a sign of just how well stocked oil supplies are as U.S. output grows and OPEC+ prepares to lift production. The global oil benchmark Brent jumped 5% on Tuesday after…