Oil prices, stocks dip
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Gas prices "will likely start to rise across much of the country later this evening in response to Israel's attacks on Iran, which have caused oil prices to surge," Patrick de Haan, the head of petroleum analysis at GasBuddy, said on Friday in a post on X.
Rather, it is geopolitical factors—specifically, escalating tensions in the Middle East—that are unsettling markets and pushing prices higher.
Shock waves from the oil market also hit stock bourses across Asia. Read more at straitstimes.com. Read more at straitstimes.com.
DUBAI (Reuters) -Iran said several top commanders and six nuclear scientists were killed in Israeli strikes on Friday targeting Iran's nuclear facilities, ballistic missile factories and military commanders to prevent Tehran from developing an atomic weapon.