Crude oil futures surged Thursday evening after Israel launched airstrikes against Iran.

Oil prices had jumped more than 4% on Wednesday as fears of a conflict that would disrupt crude supplies suddenly swept the market.

Crude oil futures surged Thursday evening after Israel launched airstrikes against Iran.

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

The price of oil surged after Israel launched a wave of strikes in Iran, killing the head of its army and raising the risk of war in the Middle East.

Oil and gold prices jumped Friday as stocks fell in response to Israeli airstrikes on Iran Thursday night.