Oil Jumps as US-Iran Conflict Escalates; Global Markets Rattled, Inflation Expectations Rise, Commerzbank Says
() -- Brent crude climbed above $76 per barrel after the U.S. revoked Tehran's oil export waiver and said it completed airstrikes against over 80 targets in Iran following attacks on ships in the Strait of Hormuz, according to Commerzbank. Iran retaliated by warning of "decisive action" and launching drones toward Bahr