SITUATION REPORT

Global: Israel's Attack on Iran Spikes Oil Prices, But Physical Supplies Remain Fairly Secure

Jun 13, 2025 | 15:04 GMT

European light sweet crude benchmark Brent increased by as much as 12.9%, peaking at $78.50 per barrel on June 13, following Israeli strikes targeting Iran's senior military leadership, nuclear scientists and nuclear program earlier in the day, Bloomberg reported on June 13....

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