Oil prices soar, pockets sink

The attack caused an almost immediate rise in the price of oil. Brent barrel futures surpassed $ 70, up nearly 4 percent from Tuesday morning, The New York Times explains.

By contrast, Asian markets opened down. Japan opened to lose 2.4%, while Hong Kong and South Korea fell 1%. The same is expected to happen to Wall Street, which is also expected to fall by more than 1%.