Israel-Iran conflict: Crude oil prices jump 7% on supply worries as Middle East tensions escalate
Crude oil prices jumped over 7% on Friday as Israel – Iran conflict raised worries of a wider disruption in oil exports from the Middle East. Brent crude oil futures gained $4.87, or 7.02%, to settle at $74.23 a barrel after earlier soaring over 13% to an intraday high of $78.50, the strongest level since…
