As sanctions are lifted, Iranian foes fear the worst

Israeli Prime Minister Benjamin Netanyahu attends a weekly cabinet meeting in Jerusalem. Sunday, Jan. 17, 2016. (Dan Balilty/Pool photo via AP)

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San Bernardino attack raises fears in smaller cities

Matt Eckhardt discusses the San Bernardino, Calif., shootings while walking toward downtown Lincoln, Neb., on Friday, Dec. 4, 2015. Eckhardt said he was saddened by the attacks but still considers the city safe. (AP Photo/Grant Schulte)

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Oil On The Rise

Oil jumps to above $108 a barrel on Syrian crisis

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BANGKOK — The price of oil jumped more than $2 on Tuesday, to above $108 a barrel, after the U.S. defense secretary said American forces were ready to act on any order by President Barack Obama to strike Syria.

By early afternoon in Europe, U.S. benchmark crude for October delivery was up $2.12 to $108.04 a barrel in electronic trading on the New York Mercantile Exchange. The contract fell 50 cents, or 0.5 percent, to close at $105.92 on Monday.

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