Oil Jumps Following US Strikes on Iran Targets

Brent rose as much as 3% to top $76 a barrel, while West Texas Intermediate traded above $72 after US forces completed strikes on more than 80 targets in Iran in retaliation for attacks on shipping in the Strait of Hormuz. Bloomberg's… Brent rose as much as 3% to top $76 a barrel, while West Texas Intermediate traded above $72 after US forces completed strikes on more than 80 targets in Iran in retaliation for attacks on shipping in the Strait of Hormuz. Bloomberg's Stephen Stapczynski reports. (Source: Bloomberg)