Oil swung on a CNN report that Israel is preparing to potentially strike Iranian nuclear facilities, while traders assessed data showing an increase in US crude stockpiles.Most Read from BloombergCan Frank Gehry’s ‘Grand LA’ Make Downtown Feel Like a Neighborhood?

Oil prices surged this morning on media reports that Israel is planning a possible strike on Iranian nuclear facilities.

Iran and the United States will hold a fifth round of talks in Rome on Friday over Tehran’s rapidly advancing nuclear program

At an international conference in Tehran, top Iranian officials said they were eager to make a deal with Trump but that they wouldn’t buckle under pressure.