Oil prices soar after Israel attack on Iran

The aftermath of Israeli attacks on Tehran (Vahid Salemi/AP)

Oil prices surged yesterday after Israel’s attack on Iranian military and nuclear targets, amid fears that the conflict could escalate and hinder the distribution of crude.

The share price of companies that use a lot of fuel were also hit, with Ryanair among the fallers on the Irish stock exchange. The Iseq fell by 1.58pc on the day, with the airline’s share price down 2.4pc.

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