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Oil prices rose after Israel attacked Iran. People worried about oil from the Middle East. Brent crude oil went up over 10% then dropped a bit.
Oil prices are down from last year and after the drop, still 7% higher than yesterday. This affects petrol and food costs.
Share prices fell in Asia, Europe, and the US. Investors bought gold, which hit its highest price in two months.
The Strait of Hormuz is important for oil. Problems there can affect oil. It might get worse or better. Others might pump more oil if needed.
Oil prices rose after Israel attacked Iran. People worried about oil from the Middle East. Brent crude oil went up over 10% then dropped a bit.
Oil prices are down from last year and after the drop, still 7% higher than yesterday. This affects petrol and food costs.
Share prices fell in Asia, Europe, and the US. Investors bought gold, which hit its highest price in two months.
The Strait of Hormuz is important for oil. Problems there can affect oil. It might get worse or better. Others might pump more oil if needed.