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Oil prices jump 4% after the death of Soleimani

Global oil prices jumped four per cent today after a US airstrike killed several Iranian military leaders including Qassem Soleimani, who was the head of Iran’s Quds Force.

While Brent Crude Oil surged 4.4 per cent to $69.16, WTI jumped 4.3 per cent to 63.84. It could rise further during the day as a fallout of the airstrike.

Experts believe that oil prices could rise further as US forces killed the Iranian general and seven other military leaders in an airstrike at Baghdad’s international airport.

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