Brent crude and the U.S. benchmark West Texas Intermediate found their footing again on Thursday amid escalating tensions between Israel and Lebanon, on the brink of an all-out war, and further buoyed by jobs data showing lower first-time unemployment claims last week, though all indications are that the U.S. jobs market is still cooling. Brent hit a seven-week high on Thursday, trading up 0.62% at $85.60 at 2:15 p.m. ET, as this week’s jobs data lent more optimism of a rate cut at some point this year. WTI, the U.S. benchmark, was…
