Back 21 May 2025

Oil rises 1% on reports Israel preparing strike on Iranian nuclear facilities ​  

Summary: Oil prices rose over 1% following reports of Israel preparing a strike on Iranian nuclear facilities, raising concerns about potential supply disruptions in the Middle East. The news caused U.S. crude futures to rise by more than $2 a barrel and Brent futures to rise by more than $1.

Link: https://www.channelnewsasia.com/business/oil-rises-1-reports-israel-preparing-strike-iranian-nuclear-facilities-5143306