Oil and Natural-Gas Prices Jump on Israel Crisis

Oil and natural-gas prices jumped after the surprise weekend attack on Israel by Hamas and the Israeli response risked stoking instability in the petroleum-rich Middle East.

Brent crude futures, the global benchmark, rose 3.8% toward $88 a barrel.

U.S. marker West Texas Intermediate rose 3.8% to over $84 a barrel.

European natural-gas futures leaped nearly 11% to around 42.40 euros a megawatt-hour.

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