Oil prices soar more than 4 percent after Iranian general killed

This photo shows a portion of the Tehran oil refinery, in Tehran, Iran. (File photo: AP)

Oil prices soared more than four percent Friday following claims that the US had killed a top Iranian general, ratcheting up tensions between the foes and fueling fears of a conflict in the crude-rich region.

The head of Iran’s Quds Force, Qassim Soleimani, was hit in an attack on Baghdad international airport early Friday, according to Hased, a powerful Iraqi paramilitary force linked to Tehran.

Brent surged 4.4 percent to $69.16 and WTI jumped 4.3 percent to 63.84.

Last Update: 09:02 KSA 12:02 - GMT 09:02