USA role in Iran-Israel war threatens to destabilize energy markets

23 June, 2025, 07:55 pm

Last modified: 23 June, 2025, 08:42 pm

USA role in Iran-Israel war threatens to destabilize energy markets

23 June, 2025, 07:55 pm

Last modified: 23 June, 2025, 08:42 pm

The US's direct involvement in the ongoing Iran-Israel conflict has created new uncertainty about prices in the global oil market. Crude oil prices have been on the rise in the international market since the Israeli airstrikes on Iran in the early hours of June 13. Within the first few hours, crude oil prices in the global market increased by about 10 percent.

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