Oil prices slid after jumping more than 4% in the previous trading session as investors monitor tensions in the Middle East and the latest U.S. trade policy developments.

According to economic reports from Reuters, oil prices surged by 7% on Saturday following an exchange of airstrikes between Israel and Iran. This escalation has heightened investor fears of widespread disruptions to Middle Eastern oil exports.

FRANKFURT, Germany (AP) — Oil surged, stocks fell and investors sought safety in the U.S. dollar and government bonds Friday after Israel struck Iranian nuclear and military targets in an attack that raised the risk of war between the two countries and broader instability in the Middle East.

Oil prices are leaping, and stocks are falling on worries that Israel’s attack on Iranian nuclear and military targets could escalate further and damage the flow of crude around the world, along with the global economy.

Oil prices are leaping, and stocks are falling on worries that escalating violence following Israel’s attack on Iranian nuclear and military targets could damage the flow of crude around the

Oil prices are leaping, and stocks are falling on worries that Israel’s attack on Iranian nuclear and military targets could escalate further and damage the flow of crude around the

Oil prices are leaping, and stocks are slipping on worries that Israel’s attack on Iranian nuclear and military targets could escalate further and damage the flow of crude around the world, along with the global economy.