Oil prices up nearly 5% as Iran launches missile attack on Israel

Oil futures climbed by nearly 5% to touch session highs on Tuesday after Israel Defense Forces said Iran launched missiles toward Israel, in what is considered to be a significant escalation of tensions in the Middle East that may threaten global crude supplies from the region.

Oil prices up nearly 5% as Iran launches missile attack on Israel
Oil futures climbed by nearly 5% to touch session highs on Tuesday after Israel Defense Forces said Iran launched missiles toward Israel, in what is considered to be a significant escalation of tensions in the Middle East that may threaten global crude supplies from the region.