Global oil prices surged by over 10% following an Israeli strike on Iran, reaching highest levels since January. Prices later stabilized but remained about 7.5% higher with Brent at $74.50/barrel and Nymex at $73.20.
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Global oil prices soared on June 13 after Israel launched a strike on Iran, triggering fears of a broader conflict in the energy-rich Middle East that could disrupt global supplies
Brent and Nymex crude prices jumped by more than 10% following the Israeli attack, reaching their highest levels since January
Prices later stabilized but remained about 7.5% higher, with Brent at $74.50 a barrel and Nymex at $73.20
Brent crude oil futures prices rose by over five percent to $74.47 per barrel
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Extraction metadata
Extracted: 2026-03-01T19:06:33.461Z
Source story: oil-prices-surge-after-israeli-strike-on-iran