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France 24

Business

Charles PELLEGRIN

Global oil prices jump after Hamas leader's assassination in Iran

Hamas Oil Iran Ismail Haniyeh the US Federal Reserve Israel Interest Rates

BUSINESS © FRANCE 24

Global oil benchmarks Brent crude and West Texas Intermediate surged this Wednesday on the news that Hamas's political leader Ismail Haniyeh had been killed by a suspected Israeli strike in Iran. Fears over a regional escalation of the Israel-Hamas war are fuelling concerns over production and distribution of oil in a region that produces about a third of global supply. Also in this edition, we look ahead to the US Federal Reserve's next decision on interest rates.

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