A
view
of
oil-well
in
action
during
sunset
at
Elk
Hills
Oil
Field
as
gas
prices
on
the
rise
in
California,
United
States
on
April
14,
2024. 

Tayfun
Coskun
|
Anadolu
|
Getty
Images

Oil
prices
jumped
more
than
3%
on
Friday
in
Asia
following
reports
that
Israel
had
carried
out
an
operation
in
Iran.

A
U.S.
official
told
NBC
News
that
Israel
is
conducting
an
operation
in
Iran.


Global
benchmark
Brent

traded
3.63%
higher
at
$90.27
a
barrel,
while
the
U.S.

West
Texas
Intermediate

rose
3.66%
to
$85.76
per
barrel.

Safe
haven
assets
also
rose.
Spot
gold
prices surged
to
a
fresh
all-time
high
of
2,411.09
per
ounce,
while
the yen strengthened
0.45%
to
153.93
against
the
U.S.
dollar.

Iran’s
Fars
news
agency
reported
that
explosions
were
heard
near
the
airport
in
the
Iranian
city
of
Isfahan,
and
flight
tracking
site
Flight
Radar
24
showed
that
multiple
flights
were
diverted
over
Iranian
airspace
early
Friday.



This
is
is
breaking
news.
Please
check
back
for
updates.