WSJWhatsNow: Escalating tensions in the Middle East are giving oil prices a boost, but some investors are skeptical the rally has legs
Crude futures shot up as much as 4.9% Friday after President Trump ordered a strike on Baghdad that killed a powerful Iranian general—Maj. Gen. Qassem Soleimani. A top Iraqi paramilitary commander, Abu Mahdi al-Mohandes, also died.
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