Oil Prices Surge Over 8% as Iran Retaliates With Major Missile Strike on Israel
Friday, 13 June 2025 () Brent crude surged more than 8% on Friday, peaking at a 13% intraday gain, after Iran launched a wave of missile strikes on Israel in retaliation for the Israeli Air Force’s targeted assault on Iranian nuclear and military infrastructure. The sudden escalation has jolted energy markets already grappling with rising geopolitical risk across the Middle East. The Iranian strike, described by Israeli officials as involving up to 150 ballistic missiles in two waves, targeted multiple sites across Israel according to the Jerusalem Post. While Israeli…
A newly surfaced CCTV footage shows Iranian missiles breaching Israel’s air defense and striking the northern city of Haifa. Emergency alerts were issued as residents rushed to shelters during the IRGC’s late-night drone and missile assault, part of “True Promise III.” The attack, involving...
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Israel-Iran War Day 4: As the war continued for the 4th day there seem to be no signs of de-escalation between the 2 nations. Iran early morning launched a barrage of missiles at several cities in..
Iran’s armed forces have shot down another U.S.-made Israeli MQ-9 drone in Ilam province near the Iraq border. This marks the fourth advanced Israeli drone destroyed in the region. Over 44 UAVs were..
Israel's surprise airstrikes on Iran have tumbled global energy markets, surging oil prices and raising concerns of a major disruption in supplies. The price of... DNA Also reported by •OilPrice.com •IndiaTimes
Following Israel's strike on Iran's nuclear facility, tensions have escalated dramatically. Israel launched a major counteroffensive targeting Tehran's defense... IndiaTimes
As the confrontation between Israel and Iran intensifies, global oil and gas markets are on high alert—but not yet in crisis mode. While crude prices have... OilPrice.com