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Oil Prices Soar, Stocks Slide After Israel Strikes Iran

Oil
International Business Times Fews App News Provider
Fews App Post Time 17d ago

Airlines halted flights to and from Tel Aviv and other Middle East airports following Israel's strikes in Iran AFP Oil prices soared and stocks sank Friday after Israel launched strikes on Iran, prompting retaliation from Tehran and stoking fears of a full-blown war. Oil futures rocketed more than 13 percent at one point before coming back to gains nearer seven percent, reigniting worries about a renewed spike to inflation. After a down day in Europe and Asia, Wall Street indices spent the entire day in the red before finishing the day down more than one percent.

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