Oil Prices Surge and Markets Drop Following Israeli Attacks

1 min read
Source: The New York Times
Oil Prices Surge and Markets Drop Following Israeli Attacks
Photo: The New York Times
TL;DR

Israel's military strikes against Iran caused a nearly 9% surge in Brent crude oil prices and led to declines in global stock markets due to fears of a broader Mideast conflict disrupting energy supplies, with concerns particularly about Iran's strategic position and its impact on global oil exports.

Share this article

Want the full story? Read the original reporting

Read on The New York Times