Bullish Oil Options Traded at Record Pace Before Iran Attack
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Oil flares up over Iran attack fears
Oil jumped to the highest price since Oct as Israel braced for a possible retaliatory attack from Iran, a development that would threaten major disruptions in a region. An assault is expected to come as soon as the next 48 hours. Global benchmark Brent surged as much as 2.7 per cent to top $92 a barrel, a level last reached during the early days of the war.