Oil Surges as Iran Threatens to Widen Middle East War
Oil prices rose over 3% after an Iranian official suggested the country might expand the conflict to the Indian Ocean. The surge follows threats made by Tehran regarding potential attacks.
Oil climbed higher Thursday, with Brent futures jumping more than 3%, after a top Iranian military official said Tehran may broaden the war to the Indian Ocean if attacked. Charles Gorrivan reports on Bloomberg Television. (Source: Bloomberg)
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