BATS:IEO

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$116.15
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At Close: Jun 05, 2026
Crude oil surges in the biggest shock since 2020. Traders pivot fast as energy stocks, tankers, and LNG plays emerge as top winners.
Oil prices surged past $70 per barrel on Friday, following heightened tensions in the Middle East as Israel struck Iran overnight with what it described as strategic strikes on Tehran's nuclear capabi

Morning Bid: Israel strike hits crude market

08:49am, Friday, 13'th Jun 2025
A look at what matters in U.S. and global markets today from Mike Dolan, Editor-At-Large, Finance and Markets
After Israel's targeted attack on Iranian military & nuclear sites, equity futures fell while crude oil and defense stocks rose higher. $100 crude "could happen" but KG says there would have to be sig
Israel's strike on Iran is at risk of escalating the Middle Eastern conflict, with potential further consequences for the price of crude oil Nadia Martin Wiggen of Svelland Capital. -------- More on B
Richard Bronze, Co-Founder & Head of Geopolitics at Energy Aspects, says oil markets are in wait-and-see mode as risks grow, and OPEC may fill gaps but with reduced spare capacity.
Hormuz closure fears drive oil outlook higher as tanker rates surge, slashing Gulf supply routes and fueling global crude market anxiety.
Helima Croft, RBC Capital Markets' global head of commodity strategy, joins ‘Squawk Box' to discuss the impact of the Israel-Iran conflict on energy markets, key factors to watch amid the tensions,

Oil Prices Soar on Iran Attack

06:25am, Friday, 13'th Jun 2025
Israel's massive attack on Iran has caused a significant increase in oil prices, which are up as much as 15%.
Oil futures spike 7% as Israeli strikes on Iran raise supply fears. Traders eye OPEC+ response and Strait of Hormuz risks in crude oil outlook.
Markets today face sharp losses as oil news drives risk-off moves amid Middle East tensions and U.S. consumer sentiment data.
Fears have resurfaced that the Iran could target one of the world's most vital oil arteries — the Strait of Hormuz.  However, market watchers believe that closing the waterway is unlikely, and even
Saudi's spare capacity and OPEC+ tensions could swing crude oil prices between $85–$100. Traders watch for supply moves and geopolitical risk signals.
Crude benchmarks were on course for their biggest one-day rise since October 2024.
Oil prices jump $10 in three days as geopolitical tensions threaten energy flows through key shipping lanes like the Strait of Hormuz.
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