Oil prices leap and stocks fall amid US-Iran strikes over Hormuz
Brent crude jumps nearly 5% and European markets drop, with airlines including Ryanair among hardest hitBusiness live – latest updatesOil prices jumped and stocks fell after the US launched a fresh wave of attacks against Iran amid an escalating standoff over the strait or Hormuz.Brent crude, the international benchmark for oil prices, rose 4.7% to $79.59 a barrel on the renewed hostilities in the Middle East. Continue reading…
Source: www.theguardian.com