Oil Surges as Iran and Israel Exchange Strikes, Shattering Fragile Ceasefire
Iran launched ballistic missiles at Israel on Sunday, after an Israeli strike on Beirut targeting Hezbollah, marking the first direct hostilities since April's ceasefire. Brent crude climbed toward $98 a barrel, Asian stocks fell sharply, and an Iranian official said a deal with Trump is "no longer feasible at this stage."