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Last Updated : Jan 03, 2020 04:42 PM IST | Source: PTI

Oil prices soar more than 4% after Iranian general killed

The head of Iran's Quds Force, Qasem Soleimani, was hit in an attack on Baghdad international airport early Friday, according to Hased, a powerful Iraqi paramilitary force linked to Tehran.

Oil prices soared more than four per cent Friday following claims that the US had killed a top Iranian general, ratcheting up tensions between the foes and fuelling fears of a conflict in the crude-rich region.

The head of Iran's Quds Force, Qasem Soleimani, was hit in an attack on Baghdad international airport early Friday, according to Hased, a powerful Iraqi paramilitary force linked to Tehran.

Brent surged 4.4 percent to USD 69.16 and WTI jumped 4.3 percent to 63.84.

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First Published on Jan 3, 2020 08:55 am
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