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Oil Prices Surge Over 8% as Iran Retaliates With Major Missile Strike on Israel

OilPrice.com Friday, 13 June 2025 ()
Brent crude surged more than 8% on Friday, peaking at a 13% intraday gain, after Iran launched a wave of missile strikes on Israel in retaliation for the Israeli Air Force’s targeted assault on Iranian nuclear and military infrastructure. The sudden escalation has jolted energy markets already grappling with rising geopolitical risk across the Middle East. The Iranian strike, described by Israeli officials as involving up to 150 ballistic missiles in two waves, targeted multiple sites across Israel according to the Jerusalem Post. While Israeli…
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Video Credit: Oneindia - Published
News video: Iran Attacks Israel BREAKING | Tel Aviv Rocked by Direct Iranian Missile Hits | Massive Explosions

Iran Attacks Israel BREAKING | Tel Aviv Rocked by Direct Iranian Missile Hits | Massive Explosions 03:28

Iran has launched a massive missile assault on Israel, with several projectiles making direct impact in Tel Aviv. Explosions rocked the city as air raid sirens blared and civilians rushed to shelters. Over 100 missiles were reportedly fired in retaliation for Israel’s earlier strikes, marking one...

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