What does the Israel-Hamas conflict mean for oil prices? ...Middle East

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Global oil prices have jumped, inflamed by violence in Israel and Gaza. Over the weekend, militants with Hamas, which governs Gaza and has been designated by the State Department as a terrorist organization, attacked Israel, killing hundreds and also taking hostages.  As of Monday, at least 900 Israelis, most of them civilians, had been killed. More than 560 Palestinians have been killed in retaliation from Israel, ABC News reported, citing Palestinian authorities.  The violence sent oil prices upward.  The price of international oil benchmark Brent Crude closed at under $85 per barrel Friday. On Monday, prices were up to about $88 per barrel.  “Any time you have a conflict

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