Oil prices climb after Israeli strike in Qatar
Oil prices rose on Tuesday after the Israeli military said it carried out a strike targeting Hamas leadership in Qatar’s capital Doha, widening its years-long military operations across the Middle East.
Brent crude futures hit a session high of $67.30 at 3.01pm GMT time, before settling at $66.42. U.S. West Texas Intermediate crude futures shot to a session high of $63.58 before settling at $62.67.
Qatar said that the attack on the residential headquarters of several members of Hamas’ political bureau, was a “flagrant violation of all international laws and norms” and presented a serious threat to national security.
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