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After the hit of Israel on Iran, world oil prices rose sharply

The agency writes that the shelling of Iran “alarmed the market” and led to the rise in price of Brent oil futures by 6.63%.

Experts associate this situation with fears that the conflict between the countries will exacerbate and will be interruptions in oil supply.

According to Reuters, such a sharp intraday increase in oil prices was last observed in 2022 after the start of Russia's full -scale invasion of Ukraine.

According to the data Investing.com, today at 5.30 the cost of Brent oil jumped up to $ 78.08 per barrel, although even in the evening of the previous day oil was traded at a price below $ 70 per barrel.

Later, oil futures fell in price.

After the hit of Israel on Iran, world oil prices photo 1 rose sharply Screenshot: Investing.com

Context

The Israeli army struck Iran. On June 13, as part of the operation, which the Prime Minister of Israel Benjamin Netanyahu called the “people of the Lev.” He noted that Iran got the opportunity to create nine nuclear bombs. “If the enemy is developing opportunities for your destruction – stop it,” said Israeli Prime Minister.

As a result of a blow to Iran, nuclear scientists died, including President of the Islamic University of Azad Mohammad Mehdi Technici, and three high -ranking military: chief of staff of the armed forces of Iran Mohammad Hossain Bagheri; Hossein Salam, commander of the Islamic Revolutionary Corps; The commander of the central base Hatam-Ul-Anbia Golyam-Ali Rashid.

The IDF claims that he struck, including on the air defense systems of Iran.

Ashley Davis

I’m Ashley Davis as an editor, I’m committed to upholding the highest standards of integrity and accuracy in every piece we publish. My work is driven by curiosity, a passion for truth, and a belief that journalism plays a crucial role in shaping public discourse. I strive to tell stories that not only inform but also inspire action and conversation.

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