Oil prices jump, stocks skid on Middle East turmoil Business Business Oil prices jump, stocks skid on Middle East turmoil Close Oil jumps as US-Israel strikes on Iran raise fears of a prolonged conflict and Hormuz disruption. Stocks slide, dollar and...

Brent up on sharply supply concerns, but off early highs SYDNEY: Oil prices surged on Monday and shares slid as military conflict in the ⁠Middle East looked set to last weeks, sending investors flocking to the relative safety of the dollar and...

Oil prices surged on Monday and shares slid as military conflict in the Middle East looked set to last weeks, sending investors flocking to the relative safety of the dollar, gold and bonds. Brent jumped 7.5 per cent to $US78.34 ($A110.26) a barrel,...