Oil Soars as Trump's Attack on Iran Boosts Risks to Supplies
Oil surged after the US struck Iran's three main nuclear sites and threatened further attacks, exacerbating a crisis in the Middle East and stoking concerns that energy supplies from the region could be disrupted.
Global benchmark Brent rallied as much as 5.7% to $81.40 a barrel, extending three weeks of gains. In a weekend address, US President Donald Trump said air attacks had 'obliterated' the trio of targets, and threatened more military action if Iran didn't make peace. In its initial reply, Tehran warned the strikes would trigger 'everlasting consequences.'
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