Oil prices surged and stock markets in Asia and Europe fell on Monday, as the impact of the American killing of a powerful Iranian general on Friday ricocheted around the world. The price of Brent oil, the international benchmark, jumped above $70 in futures trading as markets digested a steady flow of news over the weekend. It fell back below that level, to $69.92 a barrel, when markets opened in Europe, though the price was still about 5 percent higher than before the killing last week. Investors showed nervousness as Iran pledged to retaliate for the killing of Qassim Suleimani, the Iranian general. President Trump raised the specter of additional strikes on Iranian cultural sites if it did so. The State Department warned of a “heightened risk” of a missile attack near American military bases. Iran later said it would abandon a […]