Oil prices jump nearly $3 a barrel and gold, the yen, and safe-haven bonds all rally after US killing of Iran's top commander
Iranians hold posters of Iranian Revolutionary Guard Major General Qasem Soleimani during a demonstration in the capital Tehran on January 3, 2020 against the killing of the top commander in a US strike in Baghdad.
The Middle East-focused oil markets saw the most dramatic moves with Brent crude futures leaping as much 4.5 percent to $69.20 a barrel, their highest since September, though the impact was felt across almost every asset class. In September, US officials blamed Iran for a missile and drone attack on oil installations of Saudi Aramco, the Saudi state energy giant and world's largest oil exporter.
US Secretary of State Mike Pompeo said in a round of TV interviews that the United States remained committed to de-escalation with Iran but that it had needed to defend itself.
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