Oil futures spiked Sunday night after Israel launched drone strikes against Iranian natural gas plants, sending shock through the energy market and smashing risk assets across the board. The news, reported by Iranian state media and confirmed by The Jerusalem Post,

Oil prices soared and U.S. stocks fell sharply Friday as investors reacted to rising geopolitical tensions following Israel’s strikes on Iranian nuclear and military facilities. The escalation raised fears of disruptions to global oil supplies and broader economic fallout.

Israel's wide-ranging attack on Iran's nuclear facilities has rattled markets, sending investors fleeing into safe-haven assets. Oil Soars as Israeli Strike on Iran Sparks Fears of Supply ...

Oil prices leaped, and stocks slumped on worries that escalating violence following Israel’s attack on Iranian nuclear and military targets could damage the flow of crude around the world, along with the global economy.

Stocks closed lower on Friday and oil prices climbed after a military strike ... to end the day at 5,977, while the Dow Jones Industrial Average dropped 770 points, or 1.8%, to 42,198 points.

OPEC Faces Test as Middle East Tensions Mount Analysts said OPEC might not see any urgency to shift policy, as the surge in prices was driven ... (END) Dow Jones Newswires June 13, 2025 17:15 ...

NEW YORK (Reuters) -Dual risks kept investors on edge ahead of markets reopening late on Sunday, from heightened prospects of a broad Middle East war to U.S.-wide protests against U.S. President Donald Trump that threatened more domestic chaos.