Investors brace for oil price spike, rush to havens after US bombs Iran nuclear sites

The attack, announced by Donald Trump on Truth Social, raised questions about deeper US involvement in the Middle East as investors weighed various market scenarios over the weekend.

A US attack on Iranian nuclear sites on Saturday could lead to a knee-jerk reaction in global markets when they reopen, sending oil prices higher and triggering a rush to safety, investors said, as they assessed how the latest escalation of tensions would ripple through the global economy.