Oil Surges as Fresh US Strikes on Iran Threaten Fragile Truce

Oil jumped after the US started new strikes on Iran, putting further strain on a fragile ceasefire and threatening to prolong the conflict in the Middle East that’s upended global...

By Nicholas Lua · Bloomberg Markets

Oil jumped after the US started new strikes on Iran, putting further strain on a fragile ceasefire and threatening to prolong the conflict in the Middle East that’s upended global markets.