Global oil prices soar after Israel attacks Iran
Source: BBC
Global oil prices jumped after Israel said it had struck Iran, in a dramatic escalation of tensions in the Middle East.Benchmark oil contracts, Brent Crude and Nymex light sweet, were up by more than 10% after the news emerged.Traders are concerned that a conflict between Iran and Israel could disrupt supplies coming from the energy-rich region.The cost of crude oil affects everything from the price of food at…
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