Oil prices surge after Israeli strike on Iran’s South Pars gasfield

Oil prices surge after Israeli strike on Iran’s South Pars gasfield

There are fears that a period of elevated oil and gas prices could trigger a damaging wave of global inflation.

Oil prices have risen more than 5 percent following an Israeli strike on Irans South Pars gasfield as the United States-Israeli war on the country continues to escalate. Brent crude, the internation… [+2195 chars]