Oil prices surge after US attack kills senior Iran military chief

Oil prices jumped more than 4 percent on Friday after senior Iranian and Iraqi military leaders were killed in a United States air raid near Baghdad airport, raising concerns that escalating Middle East tensions may disrupt oil supplies.

Brent crude futures were up by nearly $3 at $69.16 per barrel, the highest since September 17, as markets feared Iran could retaliate against the killing of one of its top military leaders by attacking assets of the US and its allies in the Middle East.

 

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