Brent jumps $3 after U.S. kills Iran's Soleimani - Reuters:
Oil prices jumped more than $3 on Friday after a U.S. air strike in Baghdad ordered by President Donald Trump killed the head of Iran’s elite Quds Force, sparking concerns for an escalation of regional tensions and disruption to crude supplies.
Brent crude LCOc1 rose as high as $69.50 a barrel, its highest since mid-September when Saudi oil facilities were attacked, and was up 4.2% or $2.83 a barrel at $69.08 by 1058 GMT.
West Texas Intermediate (WTI) crude CLc1 was up $2.53 or 4.1% at $63.71 a barrel, having earlier spiked to $64.09 a barrel, its highest since April 2019.
An air strike at the Baghdad Airport early on Friday killed Major-General Qassem Soleimani, the architect of Iran’s spreading military influence in the Middle East and a hero among many Iranians and Shi’ites in the region.
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