Oil prices rise further as Israel-Iran extends into fourth day
Monday, 16 June 2025 () Hong Kong (AFP) June 16, 2025
Oil prices extended gains Monday as Israel and Iran pounded each other with missiles for a fourth day and threatened further attacks, stoking fears of a lengthy conflict that could reignite inflation. Gold prices also rose back towards a record high thanks to a rush into safe havens, but while most equity markets dropped further into the red the losses were limited on hopes that the conflict
Iranian TV says it is under attack by Israel - Live updates
The fourth day of conflict between Israel and Iran saw renewed violence, with Tehran launching missile attacks on Israeli cities, causing casualties and damage. Follow the latest developments live here.
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Monday, 16 June 2025 ()
Hong Kong (AFP) June 16, 2025
