Israel hits Iran petrochemical plant in new strikes after Trump reprimand

AI Summary

Israel conducted air strikes on an Iranian petrochemical plant following a reprimand from former US President Trump. The escalation has led to oil prices rising nearly 5%, with Brent crude futures exceeding $97 per barrel, complicating international efforts to negotiate a deal with Iran.

The escalation complicates US-led efforts to broker a broader deal with Iran, driving oil prices up by nearly 5%, with benchmark Brent futures back above $97 a barrel