Oil prices continue to surge as Middle East tensions intensify

Oil prices continued to climb on Tuesday amid rising tensions from the ongoing conflict involving the US, Israel and Iran, raising fears of significant supply disruptions from the Middle East. These developments follow joint air strikes by the US and Israel on Iran over the weekend that resulted in the death of Iranian Supreme Leader Ayatollah Ali Khamenei, which subsequently prompted violent retaliation from Iran. The conflict escalated as Israel conducted attacks on Lebanon, and Iran launched strikes on e ...