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Live updates: Oil seen hitting $80 a barrel as Iran conflict stretches into third day
This is CNBC's live blog covering the U.S.-Israel strikes on Iran, and Tehran's counterattacks across the Middle East. CNBC's reporters are covering the strikes from our bureaus in Washington, London, Singapore, San Francisco, and Englewood Cliffs, New Jersey. Head here for the previous day's updates.
The U.S.–Israel conflict with Iran has entered its third day, with loud blasts heard in Dubai and Abu Dhabi and Tehran's security chief saying that negotiations with Washington were off the table.
Regional oil giant Saudi Aramco said one of its refineries was hit, causing a small fire that was contained.
‘Missile debris’ sparks fire at Saudi’s Aramco oil refinery
Videos show smoke rising from a refinery operated by Saudi Aramco after a fire broke out, which Saudi officials say was caused by debris from an intercepted Iranian missile. Oil prices have surged sharply amid the disruption and the closure of the Strait of Hormuz, raising fears over global supply.
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