Oil Prices Soar as Iran Threatens Retaliation Against US
The price of oil has increased due to concerns about potential retaliation from Iran against the US.
Iran's Supreme Leader, Ayatollah Ali Khamenei, warned that any attack on Iranian soil would have 'serious consequences' for the US and its allies.
This comes after a recent drone strike in Iraq that killed top Iranian military commander Qasem Soleimani.