Global oil prices jumped 9% after Israeli military strikes on Iran on Friday 13th of June.
Expect more volatility in all markets as volatility is now a feature and no longer a bug. Currently as we go to press the price of a barrel of Brent Crude stands at $75.
However with dramatic developments in the Middle East the oil price fell back to $66.19 per barrel, after hitting a high of €81.
Some analysts have predicted that the barrel price will double to $150 by the end of this year.
