Financial markets could still avoid panic amid oil price risk in Middle East crisis

Oil prices rose by more than 4% as Israeli troops moved into Lebanon and Iran launched missiles on Israel

• Middle East crisis – live updates

As Israeli troops moved into Lebanon and Iran launched a missile attack on Israel, the risk of a jump in oil prices that could trigger another global inflation shock appeared to be materialising.

Oil prices rose by more than 4% to about $75 a barrel on Tuesday.

Continue reading…Oil prices rose by more than 4% as Israeli troops moved into Lebanon and Iran launched missiles on IsraelMiddle East crisis – live updatesAs Israeli troops moved into Lebanon and Iran launched a missile attack on Israel, the risk of a jump in oil prices that could trigger another global inflation shock appeared to be materialising.Oil prices rose by more than 4% to about $75 a barrel on Tuesday. Continue reading…