Oil jumps 3% towards $64 as Iran shoots down U.S. drone in Gulf
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LONDON (Reuters) - Oil rose more than 3% towards $64 a barrel on Thursday after Iran shot down a U.S. military drone, raising fears of a military confrontation between Tehran and Washington.Expectations that the U.S. Federal Reserve could cut interest rates at its next meeting, stimulating growth in the world's largest oil-consuming country, and a drop in U.S. crude inventories also supported prices.Brent crude, the global benchmark, was up $2.06 at $63.88 a barrel at 1335 GMT, having earlier..