Oil prices surge 8% to highest since 2024 as Middle East tensions escalate
Oil prices soared about 8% to their highest since July 2024 on Tuesday, rising for a third session as the US-Israel war against Iran widened, disrupting oil and gas fuel shipments in the Middle East and heightening fears of a prolonged conflict. Brent futures rose $6.07, or 7.8%, to $83.81 a barrel at 10:35 am…