Oil prices rise over 1% amid reports of potential Israeli strike on Iranian nuclear sites.

Oil prices climbed over 1% on Wednesday after reports suggested Israel was planning to strike Iranian nuclear sites, raising concerns of regional conflict. Brent crude reached $66.37 a barrel, while WTI crude hit $62.56. The potential for disruption in a key oil-producing region, including possible retaliation from Iran that could impact oil shipping, contributed to the price surge. Despite the tensions, Asian equities mostly continued to rally.