Oil costs surge, shares tumble within the wake of Israel’s strikes on Iran

Oil costs surge, shares tumble within the wake of Israel’s strikes on Iran

Oil prices surged and stocks tumbled Friday in the wake of Israel’s strikes on Iran’s top military officials and nuclear sites. U.S. oil benchmark prices climbed approximately 8% to about $74 a barrel, the highest level since early April. Major stock indexes fell more than 1% in premarket trading, though they pared heavier losses as … Read more