Oil prices soar after Iranian general killed

A man walks near the remains of gas pump stands, during protests against increased fuel prices, in Tehran, Iran. REUTERS
A man walks near the remains of gas pump stands, during protests against increased fuel prices, in Tehran, Iran. REUTERS

HONG KONG – Oil prices soared more than four percent Friday following claims that the United States had killed a top Iranian general, ratcheting up tensions between the foes and fueling 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 $69.16 and WTI jumped 4.3 percent to 63.84. (AFP)

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