Global oil costs rise as markets react to Israel’s assault on Iran

Oil costs have risen after Israel attacked Iran’s nuclear services.

A barrel of the benchmark Brent Crude oil has risen greater than 7.5%, a excessive not seen since Donald Trump’s so-called liberation day tariff announcement greater than two months in the past.

Iran is a producer of oil but additionally controls the Strait of Hormuz, a significant transport lane.

Israel says it launched greater than 100 strikes on Iran’s nuclear services in a single day.

Live updates: https://news.sky.com/story/israel-iran-latest-israeli-jets-target-irans-nuclear-sites-country-braced-for-retaliation-by-tehran-13382979

#israelhamaswar #iran #tehran #middleeast

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