Oil jumps 3 per cent as Israel strikes Iran, others in Middle East
Oil prices surged more than three percent in early Asian trade on Friday following reports of explosions in Iran, Syria and Iraq, sparking fears of an escalation of the Middle East crisis. West Texas Intermediate jumped 3.66 percent to $85.76 and Brent rose 3.44 percent to $90.11. The reports come after a missile attack on Israel by Iran last weekend that Israel’s army Chief, Herzi Halevi warned would be met […]
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