Israel-Iran escalation sparks oil prices surge, markets brace for supply shock; Hormuz chokepoint back in spotlight
Friday, 13 June 2025 Oil prices surged over 7% following escalating tensions between Israel and Iran, raising concerns about potential supply disruptions. Brent crude reached levels unseen since January, with the market closely monitoring the Strait of Hormuz, a crucial oil transit route. Analysts warn of a possible price spike to $130 a barrel if the conflict escalates further, impacting global energy markets.
Iran unleashes its next-generation Fattah-1 hypersonic missiles, allegedly targeting and completely destroying Israel’s Haifa oil refinery. This strike marks a disturbing new phase in regional warfare, with devastating precision and terrifying speed.
#IranMissileStrike #Fattah1 #HaifaRefinery...
Tensions are exploding across the Middle East as Iran and Israel exchange deadly attacks. With Donald Trump claiming control over Iran’s airspace and threatening unconditional surrender, global..
Russia is intensifying its offensive in Ukraine, with its Vostok battlegroup capturing the village of Chervonaya Zirka in Donetsk after heavy shelling and rocket fire. Ukraine reportedly suffered 505..
Iran-backed Geran-2 drones, Russia’s deadly kamikaze UAVs modeled on Iran’s Shahed-136, launched a devastating overnight assault on Ukrainian positions, obliterating a key military base near..
Tensions between Iran and Israel have renewed fears of a closure of the Strait of Hormuz, a vital energy artery for global oil and LNG trade. A blockade could... IndiaTimes
Friday, 13 June 2025
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