Oil surges after Iran targets US airbase in retaliation
A pumpjack, used to help lift oil from a well, in the Permian basin near Midland, Texas, U.S., October 8, 2025 PHOTO: REUTERS Oil prices jumped more than 3% on Thursday after Iran’s Revolutionary Guards said they targeted a US airbase in response to a U.S. attack near Bandar Abbas airport. Brent crude futures rose $3.51, or 3.72%,…