Iran missile barrage on Israel sends oil prices higher

The prospect of a regional conflict loomed large over the Middle East on Tuesday, after Iran launched a series of missiles into Israel in an attack for which Israeli forces promised there would be “consequences”. Over the course of several hours, nearly 200 missiles were by fired by Iran into Israel, according to Israeli army radio, with the attack ending at roughly 6 30pm UK time. Alarms sounded out through target country, prompting all its citizens to seek protection in air shelters as interceptor missiles were reported to have been fired in response. Brent crude surged as much as four per cent to $74.91 a barrel after White House officials warned a strike was imminent. It is now trading at $74.63. Get more of the story 👇 https://www.cityam.com/ftse-100-london-gains-as-irans-attack-on-israel-sends-oil-prices-higher/ Get more of City AM 👇 🌐 http://www.cityam.com X(formerly Twitter): http://twitter.com/CityAM Facebook: http://www.facebook.com/cityam Instagram: http://www.instagram.com/city_am LinkedIn: www.linkedin.com/company/cityam Produced by: Larissa Howie, Scarlett Wild