Oil prices, stocks dip
Digest more
Oil prices soared on Friday as tensions in the Middle East flared, with Israel attacking Iranian military and nuclear targets and Iran retaliating.
Rather, it is geopolitical factors—specifically, escalating tensions in the Middle East—that are unsettling markets and pushing prices higher.
Shock waves from the oil market also hit stock bourses across Asia. Read more at straitstimes.com. Read more at straitstimes.com.
Iran and Israel have continued to trade deadly blows into the weekend, following an unprecedented Israeli attack on Friday aimed at destroying Tehran’s nuclear program and decapitating its military leadership.
DUBAI (Reuters) -Iran said several top commanders and six nuclear scientists were killed in Israeli strikes on Friday targeting Iran's nuclear facilities, ballistic missile factories and military commanders to prevent Tehran from developing an atomic weapon.