Following recent military actions between Israel and Iran, global oil markets have experienced significant volatility. Initial reports indicated that oil prices were expected to rise sharply in response to Iran's attack on Israel. However, the market's reaction was more muted than anticipated, with crude oil prices initially sliding. As tensions escalated with subsequent Israeli strikes on Iran, oil prices surged, with increases noted up to 4% and specific spikes of 3.48% bringing WTIC prices to $84.96. Analysts have warned that continued conflict in the Middle East could lead to further dramatic increases in energy prices.
Oil prices spike after Israel strikes Iran Escalation of conflict in the Middle East will send energy prices skyrocketing, analysts have warned https://t.co/F7TQBGqP22 https://t.co/9oqPv3IZWv
Oil slipped after prices spiked on concerns that the Middle East oil supply could be disrupted following reports that Israel had attacked Iran https://t.co/vxDfMXodAp https://t.co/VH0Xf74Adj
WATCH: Oil steadied after prices spiked on reports that Israel attacked Iran, as fears of an escalation to Mideast hostilities appeared to ease https://t.co/5hhM9mNvDg https://t.co/0Ecgf7ZCGQ
Oil Jumps 3 Per Cent As Israel Strikes Iran, Others In Middle East https://t.co/eUH89Xip87
Oil prices slip after spiking earlier on reported Israeli attack on Iran https://t.co/8QorE2GLLw
Oil prices skyrocket as news of Israel’s strike on Iran regime sites breaks https://t.co/7tA0eQ0G0L
Oil prices skyrocket as news of Israel’s strike on Iran regime sites starts https://t.co/kzuTi9rZ9S
Israel's strike on Iran has WTIC oil prices surging up 3.48% to $84.96 as tensions boil again https://t.co/7L3lxqdti8
Oil prices now surging due to Israeli strikes on Iran ⛽️ https://t.co/Bn4v57J46Z
🇮🇷OIL PRICES SPIKES AFTER ISRAEL ATTACK ON IRAN https://t.co/qehey8Fv7o
#BREAKING Oil prices up 4% following Israeli strikes on Iran.
BREAKING: Oil prices surge by over 3% amid Israeli airstrikes on Iran
🇬🇧 What next for oil prices after Iran’s attack on Israel? https://t.co/CxshYWcLyi
⚠️ OIL PRICES RISE AS ISRAEL WEIGHS RESPONSE TO IRAN ATTACK Full Story → https://t.co/FrJYvVpQA2 https://t.co/UJ2BgDn7Pt
Oil Prices Expected to Rise Following Iran's Attack on Israel https://t.co/WIHy3gTin5
Oil prices a chief market fear after Iran's attack on Israel https://t.co/CBr6rb8q5t
Oil prices a chief market fear after Iran attack on Israel https://t.co/ymV9U4T0Ec
Crude-oil prices slide as markets see muted reaction to Iranian attack on Israel https://t.co/77QoyyDnov
Oil expected to rise in wake of Iran's attack on Israel https://t.co/WinIwgYcRU
Expect 'high-octane ups and downs' for oil after Iran's attacks on Israel https://t.co/1ZIsApHk4Q