Oil prices are leaping, and stocks are falling Friday on worries that Israel’s attack on Iranian nuclear and military targets could escalate further and damage the flow of crude around the world, along with the global economy.

By Lawrence Delevingne and Dhara Ranasinghe (Reuters) -World stock markets fell on Friday, and oil prices surged, as Israel launched military strikes on Iran, sparking inflows into safe havens such as gold and the dollar.