Oil Prices Jump on Iran War Fears as Asian Markets Tick Up
Lead On Friday in Tokyo, oil prices surged and most Asian markets that were open rose modestly amid cautious trading driven by concerns about an extended conflict involving Iran. Benchmark U.S. crude climbed 11.4% to $111.54 a barrel while Brent rose 7.8% to $109.03. Equity moves were mixed: Japan’s Nikkei gained 1.3% and South Korea’s … Read more