Oil jumps 5% on Iran tension, potential U.S. fed rate cut June 20, 2019 admin Business News Comments Off on Oil jumps 5% on Iran tension, potential U.S. fed rate cut Oil soared more than 5% higher on Thursday after Iran shot down a U.S. military drone, raising fears of a military confrontation between Tehran and Washington. …read more Source:: Reuters – Business News Did you enjoy this article? Join our FREE Newsletter! I agree to have my personal information transfered to MailChimp ( more information ) Join over 100,000 investors and business leaders worldwide. Get the latest actionable business and investing intelligence before the rest of the crowd.We hate spam. Your email address will not be sold or shared with anyone else.