Iran-Israel conflict: Oil jumps 4%, markets on edge – Times of India
Oil prices jumped about 4% on Tuesday following reports Iran was preparing to launch a missile attack on Israel. Brent futures were up 3.5%, to $74.2 a barrel, while US West Texas Intermediate crude rose $2.54, or 3.7%, to $70.7.Israel’s elite units launched limited ground raids into Lebanon, as Hezbollah – an Iran-backed group in…