Potential for big oil price spike grows after provocative...

Potential for big oil price spike grows after provocative missile strikes

• The missile attacks by Iran-aligned Hootis aimed at Saudi Arabia's civilian areas and oil facilities have proven unsuccessful, but they are a provocation at a time when the Middle East is already at risk of a widening conflict.
• The issue you get into is if there's a strike on Iranian assets in Syria, a direct hit on Saudi, or a scenario where the Saudis and Israelis team up to take it to Iran directly, that's where you get into triple-digit oil price land," said one oil analyst.

https://www.cnbc.com/2018/04/11/pot...-grows-after-provocative-missile-strikes.html