Washington strikes Iran: U.S. oil prices jump 3 percent
U.S. oil prices rose by about 3 percent after the American military launched a series of strikes on Iran, increasing tensions in the Strait of Hormuz region and market fears of the fragile ceasefire collapsing. West Texas Intermediate crude oil increased by $1.95 to reach $72.39 per barrel, following the U.S. strikes in response to attacks on three commercial ships in the area. Concerns about the security of navigation and energy supplies intensified, especially after a Qatari gas tanker was targeted in a drone attack and an engine room fire occurred.
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