NEW YORK, Jan 5 — World oil prices jumped on Friday after the US killed a top Iranian general, fanning fresh fears of conflict in the crude-rich Middle East, with Tehran warning of “severe” retaliation. While global stock markets were mixed following the US killing of Qasem Soleimani, oil...
People march as they take part in an anti-war protest amid increased tensions between the United States and Iran at Times Square in New York, US, January 4, 2020. — Reuters pic
In Washington, a Pentagon official said the US would deploy at least 3,000 additional troops to the Middle East as Iran’s supreme leader Ayatollah Ali Khamenei promised “severe revenge” for the death of the military mastermind. “There is also a significant risk that Iran could launch a targeted attack on US ships in the region, which could disrupt seaborne crude oil flows and cause prices to rise further.”
European stock markets were mixed, while Wall Street retreated from records, with the Dow ending down 0.8 per cent.
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