Oil prices are soaring on supply fears after an Iranian tanker was damaged by a suspected missile attack

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Elsewhere in markets, US stocks are set to rally on Friday on the hopes that a trade deal between the US and China was in the cards.

Oil prices are surging after an Iranian oil tanker was hit by a suspected missile off the coast of Saudi Arabia. Brent Crude Oil and West Texas both moved 1.8% higher on the news. Elsewhere in markets, US stocks are set to rise on the hopes of a possible trade deal after Trump said talks between the US and China went well. The Hang Seng closed 2.4% higher View Markets Insider's homepage for more stories.

Oil prices are surging after an Iranian oil tanker was hit by a suspected missile off the coast of Saudi Arabia. Brent Crude Oil and West Texas both moved 1.8% higher on the news. Elsewhere in markets, US stocks are set to rise on the hopes of a possible trade deal after Trump said talks between the US and China went well. The Hang Seng closed 2.4% higher View Markets Insider's homepage for more stories.

 

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