Oil prices surged 3% due to Middle East tensions
CNBC — April 19, 2024, 04:00 AM UTC
Summary: Oil prices surged over 3% in Asia after Israel's strikes on Iran raised fears of a Middle East conflict. Brent hit $90.27/barrel, WTI reached $85.76/barrel. Gold peaked at $2,411.09/ounce, and the yen strengthened to 153.93 against the U.S. dollar. Explosions near Isfahan airport were reported, leading to flight diversions over Iranian airspace.
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