View of an active oil well during sunset at the Elk Hills Oil Field as gas prices rise in California, U.S. on April 14, 2024.
Tayfun Coskun | Anadolu | beautiful images
Oil prices rose more than 3% on Friday in Asia after reports that Israel carried out an operation in Iran.
A US official told NBC News that Israel is conducting an operation in Iran.
Brent global benchmark traded 3.63% higher at $90.27 a barrel, while US Intermediate West Texas increased 3.66% to 85.76 USD/barrel.
Safe haven assets also increased. Spot gold prices rose to a new all-time high of 2,411.09 per ounce, while the yen rose 0.45% to 153.93 against the US dollar.
Iran's Fars news agency reported explosions were heard near the airport in the Iranian city of Isfahan, and flight tracking website Flight Radar 24 showed multiple flights diverted through Iranian airspace early on Thursday morning. Six.
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