Oil prices surge as much as 14%, U.S. stock futures fall as Israel strikes Iran

William Watts is MarketWatch markets editor. In addition to managing markets coverage, he writes about stocks, bonds, currencies and commodities, including oil. He also writes about global macro issues and trading strategies. During his time at MarketWatch, Watts has served in key roles in the Frankfurt, London, New York and Washington, D.C., newsrooms. Adblock test…

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Safe haven rush begins after Israel strikes Iran

Investors fled to safe-haven assets Friday after a series of Israeli airstrikes on Iran marked a major escalation of conflict in the region. The scale of the attack, which Israel said was targeting Iran’s nuclear program, took markets by surprise, pushing up prices of assets thought to offer protection in times of heightened volatility. “The…

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Iranian armed forces spokesperson: Israel will pay a heavy price

TEHRAN:- Iranian Armed Forces spokesperson, Brigadier General Abolfazl Shekarchi, has confirmed Israeli strikes on Iranian territory, including residential buildings, and says the Islamic Republic’s response to the attacks will be heavy. According to the Islamic Republic News Agency (IRNA), Shekarchi said on Friday morning that overnight strikes by the Israeli regime, which he claimed were…

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