Brent crude jumps as US-Iran fighting continues

The price of Brent crude has jumped more than three percent while gold prices slumped further as fighting between the US and Iran continues.

Brent was trading at just under $78 a barrel at midday after Trump announced the resumption of the blockade on Iran.

Gold prices dropped almost three percent to $4,005 per ounce at 15:00 GMT.

This article was sourced from Middle East Eye.

Read Full Article on Middle East Eye