Russian rouble gains

MUSCOW: The rouble gained against the dollar on Friday, supported by a sharp jump in prices for oil, Russia’s main export, after Israel launched major strikes against Iran.

Israel said it had attacked nuclear facilities and missile factories and killed a swathe of military commanders in what could be a prolonged operation to prevent Tehran building an atomic weapon.

The attacks sparked Iranian retaliation and raised concerns about possible disruption to oil supplies.

Brent crude was up 7.9% at $74.83 a barrel by 1124 GMT. The rouble was 0.6% higher at 79.50 per US dollar, according to LSEG data based on over-the-counter quotes.

Trading was light, as Russia was marking a two-day national holiday.