Monday, June 16, 2025

Global oil prices soar after Israel attacks Iran

by malinga
June 15, 2025 1:04 am 0 comment 9 views

Global oil prices have jumped after Israel said it had struck Iran, in a dramatic escalation of tensions in the Middle East.

The price of the benchmark Brent Crude was up by more than 10% shortly after the news emerged, reaching its highest level since January.

Traders are concerned that a conflict between Iran and Israel could disrupt supplies coming from the energy-rich region. – BBC

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