Photo: reuters.com · view article
Oil Prices Surge Amid Middle East Conflict EscalationOil surged after a 7% jump last Friday as Iran’s missile strikes on Israeli cities intensify fears of supply disruptions through the Strait of Hormuz.
- Oil prices initially rose sharply Monday following a 7% increase on Friday due to renewed Israel-Iran hostilities.
- Iranian missile attacks on Tel Aviv and Haifa caused civilian casualties and heightened global concerns.
- The Strait of Hormuz, critical for nearly 20 million barrels of daily oil flow, remains a focal point of market anxiety.
- OPEC+ spare capacity roughly matches Iran’s output, potentially mitigating supply risks if exports are disrupted.
I hope Israel and Iran can broker a ceasefire.— U.S. President Donald Trump made this statement while reaffirming U.S. support for Israel.
News on this topic
Top oil CEOs sound the alarm as Israel-Iran strikes escalate: Some energy facilities have been hit in both Israel and Iran in recent days, although major oil and ...
cnbc.com/2025/06/17/shell-totalenergies-ceos-sound-alarm-as-israel-iran-strikes-escalate.html
Iran threatens to close the Strait of Hormuz: Why the world is panicking: As military hostilities keep worsening between Iran and Israel, Tehran is threatening ...
firstpost.com/explainers/israel-iran-conflict-strait-of-hormuz-oil-trade-importance-13897656.html
)
More articles on this subject
Previous
What would an Israel-Iran war mean for the global economy?: As attacks between Israel and Iran persist, the global economy could face an adverse shock if ...
aljazeera.com/economy/2025/6/16/what-would-an-israel-iran-war-mean-for-the-global-economy
Three ways latest Middle East crisis could make life more expensive in the UK: If the conflict between Israel and Iran escalates further and longer ...
metro.co.uk/2025/06/15/three-ways-latest-middle-east-crisis-make-life-expensive-uk-23419059/
Oil prices fall and stocks rise, despite ongoing Israel-Iran conflict: Oil prices declined 4% in early trading on Monday, erasing some of a prior hike.
abcnews.go.com/Business/oil-prices-fall-stocks-rise-despite-ongoing-israel/story
Gloomy trading in the European markets as oil keeps climbing: Shares slide and crude oil prices bounce higher as Israel warns people in Iran's capital to ...
euronews.com/business/2025/06/17/gloomy-trading-in-the-european-markets-as-oil-keeps-climbing
Manila Standard Jun 17
Big fallout: P3/l oil price hike: Surge due to rising fear Iran-Israel war could worsen Oil firms have raised fears of a “hefty” price hike next week that could ...
manilastandard.net/news/top-stories/314604252/big-fallout-p3-l-oil-price-hike.html
ExxonMobil CEO talks oil supply amid Iran-Israel conflict: Amid the ongoing tensions between Israel and Iran, ExxonMobil's CEO says there's enough spare capacity ...
foxbusiness.com/markets/exxonmobil-ceo-talks-oil-supply-amid-iran-israel-conflict
What's not happening to Middle East crude supply matters more : When tensions rise in the Middle East, it can be helpful to look at what is not happening as much ...
reuters.com/markets/commodities/whats-not-happening-middle-east-crude-supply-matters-more-2025-06-16/
Will the Israel–Iran war keep oil prices high — and hand Russia a windfall?: Israel and Iran are now five days into a war, and the escalating conflict between ...
meduza.io/en/cards/will-the-israel-iran-war-keep-oil-prices-high-and-hand-russia-a-windfall
US stocks drift lower as oil prices return to rising: U.S. stocks are drifting lower, while oil prices are rising again.
pressdemocrat.com/article/trending/us-stocks-slip-on-wall-street-on-signs-of-weaker-spending-by-consumers/
Oil prices jump, stocks drop as traders track Israel-Iran crisis: LONDON, United Kingdom (AFP) -- Oil prices jumped and stocks mostly fell Tuesday after ...
jamaicaobserver.com/2025/06/17/oil-prices-jump-stocks-drop-traders-track-israel-iran-crisis/
Daily Sabah Jun 17
Türkiye sees costlier energy but no supply issues amid Israel-Iran conflict: Türkiye is not experiencing any disruption in its natural gas supply amid concerns ...
dailysabah.com/business/energy/turkiye-sees-costlier-energy-but-no-supply-issues-amid-israel-iran-conflict
yenisafak.com Jun 17
Israeli attacks on Iran's energy facilities to impact oil prices, Qatar warns: Doha calls for return to US-Iran nuclear talks to avoid further instability
yenisafak.com/en/news/israeli-attacks-on-irans-energy-facilities-to-impact-oil-prices-qatar-warns-3703595
Israel-Iran conflict: Which energy sites are impacted by air war so far?: Iran's South Pars gas field, the world's largest, and Israel's biggest oil refinery are ...
khaleejtimes.com/world/mena/israel-iran-conflict-impacted-energy-sites
eNCA Jun 17
Oil prices drop, stocks climb as Iran-Israel war fears ease: Stocks rose and oil prices retreated as fears of a wider Middle East conflict eased even as Israel ...
enca.com/business/oil-prices-drop-stocks-climb-iran-israel-war-fears-ease
Israel-Iran conflict fuels Brent rally, but economists say inflation may stay below RBI target
financialexpress.com/policy/economy-israel-iran-conflict-fuels-brent-rally-but-economists-say-cpi-may-stay-below-rbi-target-3882631/
jordannews.jo Jun 17
Oil Prices Rise Amid Escalating Iran-Israel Conflict - Jordan News | Latest News from Jordan, MENA
jordannews.jo/Section-112/Economy/Oil-Prices-Rise-Amid-Escalating-Iran-Israel-Conflict-42553
Manila Standard Jun 17
Big-time oil price hike looms amid crisis in Middle East: Oil prices have soared by as much as P3 per liter based on Monday’s Mean of Platts Singapore (MOPS) ...
manilastandard.net/news/314604252/big-time-oil-price-hike-looms-amid-crisis-in-middle-east.html
Wall Street opens lower as retail sales fall: U.S. stocks are slipping, and oil prices are rising again. It’s a modest return to form for financial markets after ...
apnews.com/article/stocks-markets-iran-tariffs-rates-b8cceca51655d69ee007b411bc9418b4
Daily Sabah Jun 17
Oil prices tick up again as Israel-Iran conflict spurs uncertainty: Oil prices climbed again on Tuesday amid concerns that the conflict between Israel and Iran ...
dailysabah.com/business/energy/oil-prices-tick-up-again-as-israel-iran-conflict-spurs-uncertainty
Oil prices jump after Trump's warning, stocks extend gains: Oil prices jump after Trump's warning, stocks extend gains - Markets - The Jakarta Post
thejakartapost.com/business/2025/06/17/oil-prices-jump-after-trumps-warning-stocks-extend-gains.html
Petrol prices, flight tickets: How Israel-Iran conflict could affect UAE residents
khaleejtimes.com/uae/inflation-consumer-goods-israel-iran-conflict
OpinionDC Edit | Amid Israel-Iran Escalation, Does Oil Shock Await India?: Leaders face war crises, trade tensions, and rising oil costs in the Rocky Mountains summit
deccanchronicle.com/opinion/dc-comment/dc-edit-amid-israel-iran-escalation-does-oil-shock-await-india-1885628
Stocks Tread Cautiously as Investors Watch Oil Prices: As Israel and Iran exchanged more attacks, stock markets mostly rose even as worries remained about ...
nytimes.com/2025/06/16/business/stocks-oil-prices-israel-iran.html
Oil prices surge 2% as Trump urges Tehran evacuation amid escalating Iran-Israel conflict
financialexpress.com/market/oil-prices-surge-2-as-trump-urges-tehran-evacuation-amid-escalating-iran-israel-conflict-3882420/
Two Major Energy Facilities in Tehran Hit in Israeli Strikes: Across Iran’s capital, flames and smoke covered the sky.
nytimes.com/2025/06/14/world/middleeast/iran-israel-energy-facility-strikes-tehran.html
Tensions Are Surging Amid Israel-Iran Attacks. So Are Oil Prices: Global oil prices spiked following Israel’s surprise air strikes on Iranian nuclear and ...
rferl.org/a/iran-oil-prices-russia-surge/33443024.html
Are we headed for '2020s stagflation'?: The effects of the Israel-Iran conflict are already being felt at the petrol pumps.
rnz.co.nz/news/business/564330/are-we-headed-for-2020s-stagflation
Petrol prices could hit $2.20 a litre if Iran-Israel conflict sends oil above $US100 a barrel
abc.net.au/news/2025-06-17/petrol-price-oil-recession-economic-fallout-israel-iran-conflict/105421316
Global oil demand to keep growing this decade despite China’s peak in 2027, IEA says
theglobeandmail.com/business/industry-news/energy-and-resources/article-world-oil-demand-iea-china-electric-vehicles/
Why have gas prices gone up recently, and will they keep climbing?: Prices have spiked in recent weeks for crude oil, as well as fuels like gasoline at pumps ...
globalnews.ca/news/11244057/gas-prices-oil-spike/
Oil shockwaves: How the Israel-Iran conflict could hit India hard: Oil shockwaves: How the Israel-Iran conflict could hit India hard
wionews.com/world/oil-shockwaves-how-the-israel-iran-conflict-could-hit-india-hard-1750100756520
)
Opinion | The Oil Price Spike That Wasn’t: Global production is well placed to cope with Iranian disruption.
on.wsj.com/4nbt9Hw
Oil prices erase earlier spike as Israel-Iran conflict spares key infrastructure: Fears ease as Strait of Hormuz remains open and no major oil terminals are ...
gulfnews.com/business/energy/oil-prices-erase-earlier-spike-as-israel-iran-conflict-spares-key-infrastructure-1.500165658
Michigan gas prices, down over last week, could be going up, analysts predict: As of June 15, the average price of gas in Michigan was $3.09.
freep.com/story/news/local/michigan/2025/06/16/michigan-gas-prices-oil/84225075007/
Brent Crude slips 1%, all eyes on output from Iran; India’s Petroleum Minister assures, ‘no need to worry’
financialexpress.com/policy/economy-brent-crude-slips-1-all-eyes-on-output-from-iran-indias-petroleum-minister-assures-no-need-to-worry-3881758/
Oil, Gas Prices Could Be Headwinds For Footwear Firms in Months Ahead: Higher oil and gas prices could impact footwear firms' operational costs ...
wwd.com/footwear-news/shoe-industry-news/footwear-firms-oil-gas-prices-consumer-slow-down-1237921602/
Paid articlePaywall
‘Perilous’: Chalmers’ inflation warning: Australian motorists will “inevitably” pay more when they fuel up their cars in the coming days ...
news.com.au/finance/money/costs/motorists-warned-the-price-of-fuel-is-set-to-rise-on-the-latest-iranisrael-conflict/news-story/a05da212296abb66ac7cfe07b40a38ec
China’s Oil Demand Peaks as U.S. Production Surges, Reshaping Global Energy Flows
riotimesonline.com/chinas-oil-demand-peaks-as-u-s-production-surges-reshaping-global-energy-flows/
Russian Oil Prices Up Nearly 15% After Outbreak of Israel-Iran Fighting: Russia’s flagship Urals crude oil, a key contributor to the national budget and the ...
themoscowtimes.com/2025/06/16/russian-oil-prices-up-nearly-15-after-outbreak-of-israel-iran-fighting-a89460
What’s not happening to Middle East crude supply matters more: IT's often more important in times of heightened tensions in the Middle East to look more at ...
thestar.com.my/business/business-news/2025/06/17/whats-not-happening-to-middle-east-crude-supply-matters-more
Iran’s Vital Oil Industry Is Vulnerable in an Escalating Conflict: The country’s exports mostly come from Kharg Island in the Persian Gulf. But Israel’s energy ...
nytimes.com/2025/06/14/business/iran-oil-industry.html
A Strategic Partnership, Not a Military Alliance: Russia’s Role in the Israel-Iran Conflict
themoscowtimes.com/2025/06/16/a-strategic-partnership-not-a-military-alliance-russias-role-in-the-israel-iran-conflict-a89452
Gov't orders DOE to ensure sufficient oil supply: MANILA, Philippines — The Department of Energy (DOE) appealed to oil industry players on Tuesday to ...
business.inquirer.net/531235/govt-orders-doe-to-ensure-sufficient-oil-supply
Equities end higher as oil prices pull back on truce hopes: NEW YORK: U.S. stocks closed higher on Monday, as oil prices retreated after the Israel-Iran attacks ...
thestar.com.my/business/business-news/2025/06/17/equities-end-higher-as-oil-prices-pull-back-on-truce-hopes
How an Israeli attack on Iran's Kharg oil terminal could impact petrol prices: The conflict between Israel and Iran spread to energy infrastructure on Saturday ...
inews.co.uk/news/how-an-israeli-attack-on-irans-kharg-oil-terminal-could-impact-petrol-prices-3750824
yenisafak.com Jun 16
Iran-Israel escalation pushes price of Brent oil over 11% in week: Brent oil price at $73.7, Texas crude oil $71.6 as of 0700GMT
yenisafak.com/en/news/iran-israel-escalation-pushes-price-of-brent-oil-over-11-in-week-3703525
সমকাল Jun 16
How the Israel-Iran conflict could affect energy prices: Israel's strikes on Iran, and Iran's response, initially caused a shudder on global financial markets.
en.samakal.com/business/170840959/how-the-israeliran-conflict-could-affect-energy-prices
Oil prices rise further as Israel-Iran extends into fourth day - Economy - Business
english.ahram.org.eg/NewsContent/3/12/548041/Business/Economy/Oil-prices-rise-further-as-IsraelIran-extends-into.aspx
jordannews.jo Jun 16
Global Oil Prices Rise - Jordan News | Latest News from Jordan, MENA: Oil prices rose in early Asian trading on Monday.
jordannews.jo/Section-112/Economy/Global-Oil-Prices-Rise-42534
How will escalation of Israel-Iran tension impact global crude oil prices and Indian oil companies?
financialexpress.com/business/industry-how-will-escalation-of-israel-iran-tension-impact-global-crude-oil-prices-and-indian-oil-companies-3881562/
Key agency sticks to its guns on peak oil demand: The timing of a peak — and more importantly, the slope of any decline — affects everything from emissions to ...
axios.com/2025/06/17/iea-peak-oil-demand
Paid articlePaywall Why is gold not in panic mode yet amid the Israel-Iran war?: Last week, after the Middle East tensions erupted, equity market crashed, oil prices surged but US ...
financialexpress.com/market/gold-pulse/why-is-gold-not-in-panic-mode-yet-amid-the-israel-iran-war/3881414/
Rising tensions in West Asia: Israel-Iran conflict and its global repercussions: The conflict has already caused disruptions in global trade, with rising oil ...
wionews.com/business-economy/rising-tensions-in-west-asia-israel-iran-conflict-and-its-global-repercussions-1750050817811
)
thedailystar.net Jun 16
Oil prices rise further as Israel-Iran extends into fourth day: Gold prices also rose back towards a record high thanks to a rush into safe havens
thedailystar.net/news/world/israel-iran-conflict/news/oil-prices-rise-further-israel-iran-extends-fourth-day-3918001
Philippines bracing for oil, fertilizer price shocks from Middle East crisis: MANILA, Philippines — The government is prepared to mitigate the impact of the ...
business.inquirer.net/531087/palace-on-oil-fertilizer-prices-amid-iran-israel-conflict
Oil prices jump after Trump's warning, stocks extend gains | ABS-CBN News: Oil prices rallied Tuesday after Donald Trump urged Tehran residents to evacuate ...
abs-cbn.com/news/business/2025/6/17/oil-prices-jump-after-trump-s-warning-stocks-extend-gains-1418
Gas Prices Are Under $3 In Half Of U.S. States—Here’s Why That Likely Won’t Last: Israel launched attacks on Iran last week, raising concerns among investors ...
forbes.com/sites/tylerroush/2025/06/15/gas-prices-are-below-3-in-half-of-states-heres-why-analysts-say-that-wont-last/
What the Israel-Iran conflict means for gas prices: Israel’s unprecedented attack on Iran raises the specter of sharply higher gasoline prices ...
cnn.com/2025/06/13/business/iran-israel-gas-prices-oil
Oil prices rise as Iran-Israel conflict fans supply worries | World News - Hindustan Times
hindustantimes.com/world-news/oil-prices-rise-as-iran-israel-conflict-fans-supply-worries-101750124631059.html
CNA Jun 16
Oil prices rise as Israel-Iran conflict heightens fears of supply disruptions: TOKYO: Oil prices jumped in early Asian trade on Monday (Jun 16) after Israel and ...
channelnewsasia.com/world/oil-prices-rise-israel-iran-conflict-heighten-fears-supply-disruption-5183776
The Globe and Mail Jun 16
OpinionThe Israel-Iran war has, so far, not sent oil prices soaring. That could change: The last thing Donald Trump wants to see is gas prices soaring at the pump
theglobeandmail.com/business/commentary/article-the-israel-iran-war-has-so-far-not-sent-oil-prices-soaring-that-could/
t.me Jun 17
Israel-Iran crisis: PENGASSAN kicks as petrol prices rise: Petrol prices surge in Nigeria as Middle East tensions and tanker strikes impact crude oil costs ...
punchng.com/israel-iran-crisis-pengassan-kicks-as-petrol-prices-rise/
OpinionTurmoil in West Asia: Oil price spike, supply issues due to jitters over the Israel-Iran war will add to India’s concerns.
financialexpress.com/opinion/turmoil-in-west-asia/3880943/
Nigeria’s economy faces risks amid Israel-Iran conflict – CPPE: Mr Yusuf said if the current conflict persists and escalates, the Nigerian economy may record ...
premiumtimesng.com/news/more-news/801097-nigerias-economy-faces-risks-amid-israel-iran-conflict-cppe.html
Israel-Iran conflict to impact oil supply to India, increase export costs by 40-50%
thehindu.com/business/israel-iran-conflict-to-impact-oil-supply-to-india-increase-export-costs-by-40-50/article69691344.ece
Oil prices jump 7% and stocks drop as Israel-Iran tensions escalate: Oil prices surged, stocks dropped and investors flocked to safe havens like gold on Friday ...
edition.cnn.com/2025/06/13/business/oil-prices-markets-israel-iran-attack-intl-hnk
Israel-Iran conflict expected to hike US gas prices, experts say. Here's how much.
abcnews.go.com/Business/israel-iran-conflict-expected-hike-us-gas-prices/story
Stocks, dollar show resilience in Asia as oil gains: Asian markets kept their nerve on Monday and oil prices climbed anew as the conflict between Israel and Iran ...
reuters.com/world/china/global-markets-wrapup-1-2025-06-16/
Daily Sabah Jun 15
Israel-Iran strikes, anti-Trump protests keep investors on edge: Dual risks kept investors on edge ahead of markets reopening late on Sunday ...
dailysabah.com/business/economy/israel-iran-strikes-anti-trump-protests-keep-investors-on-edge
‘Don’t delay RON95 revamp’: PETALING JAYA: The government should proceed with the targeted RON95 petrol subsidy rollout despite the recent spike in global oil ...
thestar.com.my/news/nation/2025/06/16/dont-delay-ron95-revamp
Fast-rising oil prices worldwide can push up UAE fuel prices too: Here's how: Israel-Iran conflict risks can hurt UAE fuel prices if tensions hit key oil supply ...
gulfnews.com/business/energy/fast-rising-oil-prices-worldwide-can-push-up-uae-fuel-prices-too-heres-how-1.500164288
Middle East crisis risks igniting inflation. Here are the markets to watch out for in Australia
theguardian.com/business/2025/jun/17/middle-east-crisis-risks-igniting-inflation-here-are-the-markets-to-watch-out-for-in-australia
Israel-Iran war expands to energy — but not oil shipments: What wasn't hit in the latest strikes by Israel is holding sway over prices Monday.
axios.com/2025/06/16/israel-iran-war-oil-shipments
Paid articlePaywall
An Iran oil shock would put global growth on a slippery slope : Disruption to tanker traffic at the Strait of Hormuz would pose a much bigger risk to oil supply
ft.com/content/ff3d90ac-ba4c-4203-b170-68ab0731686c
Stock markets slide and oil prices surge after Israel attack on Iran: Stock futures in the U.S. dropped and global oil prices jumped following an Israeli strike ...
cbsnews.com/news/stock-market-oil-futures-prices-israel-iran/
UAE fuel prices likely to rise as oil rates may cross $100 due to Israel-Iran conflict
khaleejtimes.com/business/energy/uae-oil-prices-israel-iran-conflict
Oil prices fall even as Israel-Iran strikes extend into fourth day | ABS-CBN News
abs-cbn.com/news/business/2025/6/16/oil-prices-fall-even-as-israel-iran-strikes-extend-into-fourth-day-1832
Investors unnerved as Israel-Iran conflict fuels turmoil in oil markets: Oil prices rose by 7% on Friday, as Israel and Iran traded strikes, and investors will ...
theglobeandmail.com/world/article-investors-unnerved-as-israel-iran-conflict-fuels-turmoil-in-oil/
Next
Similar to This
Previous
Russia 1, Iraq 2, Saudi Arabia 3..., despite threats from US, India buying huge amount of oil from..., which country is on the top?
india.com/business/russia-1-iraq-2-saudi-arabia-3-despite-threats-from-us-india-buying-huge-amount-of-oil-from-which-country-is-on-the-top-west-asia-israel-iran-uae-7942866/
Oil markets are absorbing extra barrels from Opec+, UAE energy minister says: Group plans to boost production by 548,000 barrels per day for August
thenationalnews.com/business/energy/2025/07/09/oil-price-opec-uae/
Iran alone in crises: Where were Russia, China in their time of need?: Iran's sale of drones and ballistic missiles to Russia for use against Ukraine ...
euronews.com/2025/07/06/iran-alone-in-crises-where-were-russia-china-in-their-time-of-need
Petrol and diesel drivers issued warning over filling up and told 'for now': Tony Redondo, Founder at Cosmos Currency Exchange, warns fuel prices could hit 150p ...
birminghammail.co.uk/motoring/motoring-news/petrol-diesel-drivers-issued-warning-32019697
RAC issues urgent warning to all petrol drivers as fuel prices surge in July: The average cost of petrol in the UK has risen by 2p a litre
bristolpost.co.uk/news/motoring/rac-issues-urgent-warning-petrol-10323799
OpinionWith every fragile ‘peace’ in Middle East, the West sows seeds of a conflict: By failing to use their heft to address humanitarian needs, the genocide in Gaza ...
indianexpress.com/article/opinion/columns/with-every-fragile-peace-in-middle-east-the-west-sows-seeds-of-a-conflict-10110480/
yenisafak.com Jun 26
Israel-Iran conflict reignites concerns in global economy: Potential complete closure of Strait of Hormuz may decrease global GDP by 0.8%
yenisafak.com/en/economy/israel-iran-conflict-reignites-concerns-in-global-economy-3704033
Here’s how Iran could retaliate after US strikes on its nuclear program : By entering Israel’s war, the U.S. may have removed the last rationale for holding them ...
pennlive.com/nation-world/2025/06/heres-how-iran-could-retaliate-after-us-strikes-on-its-nuclear-program.html
Mint Primer: Oil shock looms as Iran threatens to shut Strait of Hormuz. What it means for India | Mint
livemint.com/economy/india-oil-shock-risk-strait-of-hormuz-iran-us-conflict-11750666794129.html
Paid articlePaywall Iran’s security council to decide on Strait of Hormuz closure after parliament backs move
indianexpress.com/article/world/irans-security-council-to-decide-on-strait-of-hormuz-closure-after-parliament-backs-move-10081881/
How the Israel-Iran conflict could impact India: The blocking of the Strait of Hormuz could directly hurt India’s energy security.
scroll.in/article/1083717/how-the-israel-iran-conflict-could-impact-india
Hormuz Strait | A dire Strait: Strait of Hormuz, vital for global oil trade, faces threat amid Iran-Israel conflict, impacting oil prices and shipping.
thehindu.com/news/international/hormuz-strait-a-dire-strait/article69722262.ece
Next week's oil price hike seen exceeding P5 per liter: MANILA, Philippines — Expected on Tuesday, June 24, is an increase in local pump prices caused by ...
business.inquirer.net/531936/next-weeks-oil-price-hike-seen-exceeding-p5-per-liter
Iran Threatens To Close Strait of Hormuz: What Would Happen?: Iran warns it could retaliate for any direct U.S. involvement in its conflict with Israel.
newsweek.com/iran-threat-shut-strait-hormuz-2088018
Oil drops, European stocks climb as Trump delays Iran move: LONDON, United Kingdom - | The price of the Brent oil, the world's main international contract ...
business.inquirer.net/531610/oil-drops-european-stocks-climb-as-trump-delays-iran-move
Markets live updates: ASX to fall, Donald Trump's threats against Iran send oil prices surging
abc.net.au/news/2025-06-18/asx-markets-business-live-news/105430072
Strait of Hormuz: What is it and why is it important?: Disruption of oil flows through this narrow strait could hit global economy hard.
gulfnews.com/world/mena/israel-iran-war-blockade-of-the-strait-of-hormuz-what-you-need-to-know-1.500166812
Iran and Israel crisis: what does it mean for the price of oil?: Middle East conflict led to oil prices rising to $78 a barrel on Friday amid concerns it could ...
theguardian.com/business/2025/jun/16/iran-israel-conflict-middle-east-oil
Oil prices jump more than 7% after Israel launches unilateral airstrikes against Iran
cnbc.com/2025/06/12/oil-prices-surge-after-israel-launches-airstrikes-against-iran.html
Next