Oil prices soar by 4% as tensions rise between US and crude-rich Iran
Jan 3, 2020, 09:25 IST
Oil prices soared more than four per cent Friday following claims that the US had killed a top Iranian general, ratcheting up tensions between the foes and fuelling fears of a conflict in the crude-rich region.
The head of Iran's Quds Force, Qasem Soleimani, was hit in an attack on Baghdad international airport early Friday, according to Hased, a powerful Iraqi paramilitary force linked to Tehran.
Brent surged 4.4 per cent to USD 69.16 and WTI jumped 4.3 per cent to 63.84.
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Double whammy for Indian share market — exchanges increase margin money needed for intra-day trade
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The head of Iran's Quds Force, Qasem Soleimani, was hit in an attack on Baghdad international airport early Friday, according to Hased, a powerful Iraqi paramilitary force linked to Tehran.
Brent surged 4.4 per cent to USD 69.16 and WTI jumped 4.3 per cent to 63.84.
SEE ALSO
Double whammy for Indian share market — exchanges increase margin money needed for intra-day trade