Sky News
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Global oil prices rise as markets react to Israel's attack on Iran
Posted
June 13, 2025
Views
6,019
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40
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17
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0.95%
June 13, 2025
6,019
40
17
0.95%
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4:03Now PlayingOil prices have risen after Israel attacked Iran's nuclear facilities.
A barrel of the benchmark Brent Crude oil has risen more than 7.5%, a high not seen since Donald Trump's so-called liberation day tariff announcement more than two months ago.
Iran is a producer of oil but also controls the Strait of Hormuz, a major shipping lane.
Israel says it launched more than 100 strikes on Iran's nuclear facilities overnight.
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