Oil prices surge after Iran and Israel trade attacks on gasfields The JournalPrice of oil and gas surges in wake of escalating attacks in Middle East The Irish TimesOil price retreat lifts market sentiment RTE.ieWar in Middle East has ‘heightened the risks to the global economy’; markets in ‘panic mode’ as oil jumps and shares fall – as it happened The GuardianOil prices jump as Iran warns Strait of Hormuz ‘cannot be the same’ CNN