The risks to energy and financial markets are immediate and real. Oil prices surged as Israeli forces launched a counteroffensive and as questions mounted around Iran’s involvement in Hamas’ attack plans.
Oil Prices, Defense Stocks Rise as Israel-Hamas Conflict Rattles Markets wsj.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from wsj.com Daily Mail and Mail on Sunday newspapers.