Iran, Israel and Oil
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Asian shares rose Monday and oil prices extended gains on worries that escalating Iran-Israel tensions could disrupt the flow of crude around the world. U.S. benchmark crude oil added 71 cents to $73.
Oil prices climbed on Monday, extending Friday's rally, as renewed strikes by Israel and Iran over the weekend increased concerns that the battle could widen across the region and significantly disrupt oil exports from the Middle East.
Israel’s stunning attacks on Iran’s nuclear program and military leadership are embroiling the Middle East in another deadly war — and could imperil President Donald Trump’s pledge to slash oil prices for American consumers.
What is the biggest US crypto news today? JPMorgan says an attack on Iran could spike oil prices to $120, driving US CPI inflation to 5%.