Oil prices jump again as explosion at Gaza hospital jacks up tensions in the Middle East | iCloud.Info

Wed, 10/18/2023 - 05:23

israel evacuation — Residents of the southern Israeli city of Netivot bordering the Gaza Strip wait near a bus before being evacuated to central Israel on October 7, 2023.
Gil Cohen-Magen/AFP via Getty Images

Oil prices climbed again Wednesday.
Crude benchmarks jumped around 2%, with Brent passing the $90 a barrel mark.
The flare-up came after an explosion at a Gaza hospital fueled investors’ fears that the crisis in the Middle East will escalate.

Oil prices flared up again Wednesday after a devastating explosion at a hospital in Gaza fueled investors' fears that the ongoing crisis in the Middle East will escalate.

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Markets, mi-exclusive, Commodities, Oil, Brent, WTI, Israel, hamas, palestine, Gaza, Markets

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Oil prices jump again as explosion at Gaza hospital jacks up tensions in the Mi…