Oil Rises on Israel-Iran Escalation, U.S. Tech Futures Climb

Oil rose sharply in early European trade after Israel and Iran exchanged waves of attacks in a serious escalation of regional hostilities, threatening the progress of a long-awaited peace deal.

Israel and Iran Exchange Fire, Renewing Fear of Escalation

In several waves of attacks, the two sides targeted each other for the first time since a ceasefire took effect in April.

ECB Expected to Be First Among Peers to Raise Key Rate in Response to Conflict