Iran, Israel and Oil prices
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The conflict between Israel and Iran has wreaked considerable damage in both countries and caused casualties on both sides.
1don MSN
Crude oil futures jumped more than 3% Sunday after Israel struck two natural gas facilities in Iran, raising fears that the war will expand to energy infrastructure and disrupt supplies in the region.
Israel and Iran launched fresh attacks, killing and wounding civilians and raising concerns of a broader regional conflict.
1don MSN
Iranian Foreign Minister Abbas Araghchi said Sunday that if the Israeli strikes on Iran stop, then “our responses will also stop.”
Investors have been weighing the odds of further escalation in the conflict and spillover into the broader oil-rich Middle East.
An exchange of strikes on refineries and gas facilities was limited but raised the risks to an industry with broad economic impacts.
2don MSN
DUBAI, United Arab Emirates (AP) — Israel launched an expanded assault on Iran on Sunday, with direct strikes targeting its energy industry and Defense Ministry headquarters, while Tehran unleashed a fresh barrage of missiles blamed for the deaths of four people and injuries of many others.