Israel sounds alarm to allies about Iranian warships near Suez

(CNN) — Two Iranian warships are expected to pass through the Suez Canal Wednesday night on their way to Syria, a move that Israel considers a “provocation” and that sent oil prices soaring.

Crude oil for delivery in March rose as much as 1.2% to $85.95 a barrel, following the news. Brent crude, which is traded primarily overseas in Europe, rose as much as 2.1% to $103.31 a barrel.

via Israel sounds alarm to allies about Iranian warships near Suez – CNN.com.

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