Oil prices jump more than $4 as Middle East violence rattles markets
Oil prices jumped more than $4 a barrel in early Asian trade on Monday, as dramatic military clashes between Israeli and Hamas forces over the weekend deepened political uncertainty across the Middle East. Brent crude rose $4.18, or 4.94%, to $88.76 a barrel by 0120 GMT, while U.S. West Texas Intermediate crude was at $87.02…
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