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Oil prices jump after top Iranian general killed by US

    Michelle Brannon
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    By Michelle Brannon
    https://business-newsline.blogspot.com/2020/01/oil-prices-jump-after-top-iranian.html
    Oil prices jump


    Oil prices jump after top Iranian general killed by US: Analysts warn the move could escalate tensions in the region and affect global oil production.

    Oil prices have risen sharply after the killing of a top Iranian general in Iraq.
    Analysts warned the action could escalate tensions in the region and affect global oil production.
    The price of Brent crude jumped by more than 4% to hit $69.50 a barrel at one point, the highest since mid-September.
    It came after General Qasem Soleimani was killed in a US drone strike at Baghdad airport, which the Pentagon described as "defensive action".
    The price spike pushed oil stocks on the London stock exchange higher, with BP up 1.5% and Royal Dutch Shell 1.4% higher.
    Source: BBC




    Original: https://business-newsline.blogspot.com/2020/01/oil-prices-jump-after-top-iranian.html
    By: Mithi
    Posted: January 3, 2020, 11:54 am

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