Oil prices spike, with crude oil rates jumping as much as 4 percent and logging the biggest jump since mid-May amid West Asia tensions.
Hours after Iran fired ballistic missiles at northern Israel, the Israeli Air Force hit back, striking "military targets belonging to the Iranian terror regime in western and central Iran", and this has heightened fears of the conflict continuing and there being no signs of easing at the moment.
Brent Crude prices trade towards 97 dollars a barrel and....

