Oil prices soar, stocks tumble amid rising Middle East tensions

Oil prices soar, stocks tumble amid rising Middle East tensions

Oil prices surged and major stock markets mostly retreated Thursday as investors reacted to fears of widening conflict in the Middle East. Prices jumped after US President Joe Biden said he was “discussing” possible Israeli strikes on Iranian oil sites in retaliation for Tehran’s missile barrage on Israel. Brent, the international benchmark, topped $77 per

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