Iran attack: Crude oil prices jump after Iraq missile attacks

Iran attack: Crude oil prices jump after Iraq missile attacks

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Oil prices have jumped after at least two airbases hosting US troops in Iraq were hit by ballistic missiles.

Brent crude was up by 2.5% at $69.94 per barrel in mid-morning Asian trade on concerns that this could disrupt oil supplies from the Middle East.

So-called safe haven assets, like gold and the Japanese yen, also rose sharply on the news.

At the same time…

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