{"id":181650,"date":"2025-06-13T17:34:14","date_gmt":"2025-06-13T17:34:14","guid":{"rendered":"https:\/\/www.europesays.com\/uk\/181650\/"},"modified":"2025-06-13T17:34:14","modified_gmt":"2025-06-13T17:34:14","slug":"live-oil-prices-surge-as-israel-iran-conflict-heats-up","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/uk\/181650\/","title":{"rendered":"LIVE: Oil Prices Surge As Israel-Iran Conflict Heats Up"},"content":{"rendered":"<p>Israel\u2019s large-scale military strikes on Iran\u2019s military leaders, nuclear facilities and missile factories sent global markets into turmoil, with <a href=\"https:\/\/oilprice.com\/oil-price-charts\/\" target=\"_blank\" rel=\"noopener\">oil prices<\/a> soaring and stocks plummeting.\u00a0<\/p>\n<p>Safe-haven assets rallied, with gold climbing to $3,416 per ounce, nearing its April high of $3,500.05, while the U.S. dollar index gained 0.8% to 98.50. The Swiss franc and Japanese yen saw fleeting strength before easing.<\/p>\n<p>The Israeli shekel fell 1.7%, and regional bonds from Israel, Egypt, and Pakistan slipped.\u00a0<\/p>\n<p>U.S. stock futures dropped over 1%, European shares fell nearly 1%, and Asian markets, including Japan and South Korea, declined over 1%. U.S. 10-year Treasury yields rose to 4.38%, reflecting inflationary pressures from higher oil prices, despite an initial flight-to-safety push.\u00a0<\/p>\n<p>Charu Chanana, chief investment strategist at Saxo, noted the \u201cgeopolitical escalation adds uncertainty to fragile sentiment,\u201d predicting sustained pressure on crude and safe-haven assets if tensions persist.<\/p>\n","protected":false},"excerpt":{"rendered":"Israel\u2019s large-scale military strikes on Iran\u2019s military leaders, nuclear facilities and missile factories sent global markets into turmoil,&hellip;\n","protected":false},"author":2,"featured_media":181651,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[51,25799,74676,22668,774,837,74513,74675,74674,2662,74677,16,15],"class_list":{"0":"post-181650","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-business","8":"tag-business","9":"tag-energy-infrastructure","10":"tag-geopolitical-uncertainty","11":"tag-global-markets","12":"tag-iran","13":"tag-israel","14":"tag-middle-east-tensions","15":"tag-military-strikes","16":"tag-nuclear-facilities","17":"tag-oil-prices","18":"tag-strait-of-hormuz","19":"tag-uk","20":"tag-united-kingdom"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@uk\/114677262856296301","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/181650","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/comments?post=181650"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/181650\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media\/181651"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media?parent=181650"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/categories?post=181650"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/tags?post=181650"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}