From BBC News.

Global oil prices have jumped after Israel said it had struck Iran, in a dramatic escalation of tensions in the Middle East.

The price of the benchmark Brent crude was up by more than 10% shortly after the news emerged, reaching its highest level since January.

Traders are concerned that a conflict between Iran and Israel could disrupt supplies coming from the energy-rich region.

The cost of crude oil affects everything from how much it costs to fill up your car to the price of food at the supermarket.

Subscribe here: http://bit.ly/1rbfUog

For more news, analysis and features visit: www.bbc.com/news

#Oil #Iran #BBCNews