Global oil prices soar after Israel attacks Iran

Published: 6/13/2025
Global oil prices soar after Israel attacks Iran
Global oil prices surge after Israel attacks Iran, impacting fuel prices for consumers. Concerns mount over potential disruptions to oil supplies from the Middle East due to escalating tensions. Energy traders closely monitor the situation as prices of Brent and Nymex crude oil rise by over 10%, with potential risks to global oil transport through the key route of the Strait of Hormuz.