Commodities
Oil jumps on Iranian tanker attacks and Houthi strikes on Saudi Arabia
Oil prices rose after reports of attacks on tankers off Iran and Houthi strikes on three sites in Saudi Arabia, including Riyadh's airport.
The reported strikes remain unconfirmed by independent sources, but the market reacted with higher prices on fears over oil supply from the Gulf region.
For beginners Threats to shipping or infrastructure around the Persian Gulf typically push oil prices higher because a large share of the world's oil flows through the region, and traders price in the risk of disruption.