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World oil prices rose sharply on Sunday evening after a series of US air strikes on three Iranian nuclear facilities.
According to CNN, futures for US West Texas Intermediate crude oil jumped 3.6% to $76.47 per barrel. The global benchmark, Brent, added 3.2% to $74.59 per barrel.
Along with oil, the markets reacted with a drop in stock indices. In particular, Dow Jones futures fell by 250 points (-0.6%), while the S&P 500 and Nasdaq indices dropped by 0.6% and 0.7% respectively.
At the same time, the US dollar rose by 0.3%, following a period of weakness caused by the introduction of import tariffs by the Donald Trump administration.
