Browsing: Israel

Global prices for crude oil jumped by as much as 3.5% shortly after Israel carried out a series of strikes on Iran in the early hours of Friday.

International ratings agency S&P Global downgraded Israel’s long-term credit rating on Thursday, citing the risk of a military escalation with Iran.

London and Washington have blacklisted several Iranian military officials and companies in the steel, automotive and drone industries in response to the “destabilizing” strike on Israel last Saturday.