Oil Prices Spike After Hamas Political Leader Killed in Iran

Crude oil prices were up early on Wednesday morning following reports that the leader of Hamas, Ismail Haniyeh was killed in Iran. Hamas confirmed the reports of his death, claiming he had been killed by a “treacherous Zionist” attack on his residence in Tehran. Haniyeh was in Iran to attend the swearing-in ceremony of the country’s new president. The news comes less than a day after Israel said it had killed Hezbollah senior commander Fuad Shukr in an air strike on Beirut in retaliation for a Hezbollah strike on the Golan Heights.…