Energy markets were rattled by reports Iran helped Hamas plot its attack, as well as potential implications for other oil-producing regions in the Middle East.
Oil pump jack is seen in front of displayed Israeli flag in this illustration. The conflict in Israel — and the prospect of reverberations across the Middle East — sent crude prices higher Monday amid fears that geopolitical tensions could disrupt global supplies.
The Wall Street Journal reported Monday that Iran’s Revolutionary Guard Corps helped Hamas plan Saturday’s assault on Israel, a revelation that could presage broader sanctions against Iranian oil if confirmed.
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