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Oil prices spike, US stocks fall on Israel-Iran crisis | Oil and Gas News

17 June 2025
in World
Oil prices spike, US stocks fall on Israel-Iran crisis | Oil and Gas News
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Crude oil prices surged over 4% amid concerns that the Israel-Iran conflict may escalate to involve the US, with Brent North Sea Crude rising to $76.45 per barrel. US President Trump intensified his rhetoric against Iran, fueling fears of military action, while Israel targeted Iranian oil and gas facilities; despite current stability in global energy flows, tensions remain high.

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Tags: CrisisEconomyEnergyfallGasIranIsrael-Iran conflictIsraelIranMiddle EastNewsoilOil and GaspricesspikeStocks
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