Following Israel's airstrikes on Iran, significant fluctuations were observed in the global markets. Oil prices experienced a sharp increase, with WTI crude oil rising by 3.7% and Brent oil by 3%. U.S. oil futures also surged, surpassing $85 per barrel. Concurrently, gold prices soared, reaching over $2400 per ounce. The stock markets reacted negatively to these developments, with U.S. stock futures declining by nearly 2% and overall stock markets trending downward. Additionally, Iran has responded by suspending all flights to Tehran, Isfahan, and Shiraz.
*BRENT OIL PRICES SURGE 3% ON REPORTS OF ISRAELI STRIKES ON IRAN #OOTT https://t.co/iYDACzy0rf
CRUDE OIL PRICES SPIKE 3%, US STOCK FUTURES DOWN OVER 1% AFTER ISRAEL ATTACKS MULTIPLE IRANIAN CITIES
BREAKING: US oil futures surge above $85/barrel after reports of a retaliatory strike by Israel in Iran. Iran has just suspended all flights to Tehran, Isfahan and Shiraz. Stock market futures are down nearly 2% on the news. https://t.co/RSzkjPPXnu
Oil prices surge by over 4% just minutes after #Israel's strikes on #Iran #Gold is now over $2400 ($2427) Stock markets going down. https://t.co/1KoY0VxNtj
WTI up 3.7% on reports of Israel bombing Iran https://t.co/lwrmd8E8rt