Oil prices and safe-haven assets jump following US missile strike on Syria

Brent crude climbed above $56 a barrel

Tom Eckett
clock • 2 min read

Oil prices climbed to one-month highs on Friday while investors flocked to safe-haven assets, after the US launched a missile strike on an airbase in Syria in response to recent chemical weapon attacks.

To continue reading this article...

Join Investment Week for free

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

More on Commodities

Fund managers search for hedges against precious metals as prices rally again

Fund managers search for hedges against precious metals as prices rally again

Gold and silver surge

Linus Uhlig
clock 04 February 2026 • 3 min read
WisdomTree partners with Stratiphy to boost portfolio diversification

WisdomTree partners with Stratiphy to boost portfolio diversification

As investors seek greater portfolio control

Patrick Brusnahan
clock 07 November 2025 • 1 min read
eToro warns gold is nearing its panic peak amid record highs

eToro warns gold is nearing its panic peak amid record highs

Price over £3,000/oz

Beth Brearley
clock 16 October 2025 • 2 min read
Trustpilot