A dramatic U.S. drone strike kills Iran’s most important general. Tehran vows retribution and oil prices jump almost 5 percent as traders rush to cover the risk of a Middle East war. Then the selling starts.
Bloomberg: How the oil market learned to live with a Middle East in flames
Traders work on the floor of the New York Stock Exchange (NYSE) on Jan. 3, 2020 in New York City. Following news that the U.S. military killed Qassem Soleimani, the leader of Irans elite paramilitary forces, global stocks and oil prices fell with the Dow falling over 220 points.
