Oil jumps more than 3% on Middle East worries

Oil jumps more than 3% on Middle East worries

Energy Daily

Published

Hong Kong (AFP) April 19, 2024

Oil prices surged more than three percent in early Asian trade on Friday following unconfirmed 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

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