New Delhi, March 19 -- Crude oil prices jumped as much as 3% on Thursday, March 19, after Iran launched attacks on several energy facilities across the Middle East, following a strike on its South Pars gas field, marking a sharp escalation in tensions involving the US and Israel.
Brent crude futures rose $3.69, or 3.44%, to $111.07, while US West Texas Intermediate (WTI) crude gained $2.29, or 2.38%, to $98.61.
Back home, crude oil prices on the Multi Commodity Exchange (MCX) also witnessed a similar upward trend. MCX crude oil prices climbed 1% to Rs.9,080 per barrel.
According to a Reuters report, Qatar Energy said on Wednesday that Iranian missile strikes on Ras Laffan - the hub of Qatar's key LNG processing facilities - resulted in...
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