Oil jumps 10% on Iran conflict and could spike to $100 a barrel

Oil prices surged as risk of wider conflict with Iran pushed Brent crude up about 10% to roughly $80 per barrel. Analysts warned prices could reach $100 if U.S. and Israeli strikes escalate, plunging the Middle East into a broader war. source http://www.adaderana.lk/news.php?nid=119091