London — Oil prices rose over $2 a barrel and gold and other safe-haven assets jumped on Friday, as the US killing of a top Iranian commander in an air strike in Iraq ratcheted up tensions between the two powers.

Traders were clearly spooked. The death of Iranian Major-Gen Qassem Soleimani, head of the elite Quds Force, prompted Iranian Supreme Leader Ayatollah Ali Khamenei to vow revenge...

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