Oil prices jumped on Friday after Kuwait announced that an Iranian attack had struck a power generation and desalination facility, as military clashes across the Gulf continued to escalate.
Global benchmark Brent crude futures climbed 4.6% to settle at $88.10 a barrel, while US West Texas ...
Gold prices headed for their steepest weekly decline in six weeks on Friday as the escalating conflict between the United States and Iran drove oil prices higher, adding to inflationary pressures and strengthening expectations that US interest rates will continue to rise.
Spot gold gained ...