Oil gains 2% as Middle East conflict intensifies

Oil prices jumped 2% on Thursday as tensions in the Middle East grew, with a Saudi-led coalition launching air strikes in retaliation for recent attacks on its oil infrastructure.

JEFFREY LIPTON in BARBADOS – http://feeds.reuters.com/~r/reuters/businessNews/~3/yJbtq93A_eA/oil-gains-2-as-middle-east-conflict-intensifies-idUSKCN1SM04H