Oil markets are spooked as Iran-Israel tensions escalate

Oil markets are spooked as Iran-Israel tensions escalate Israel’s strike on Iran and Tehran subsequent retaliation fuel fears of Strait of Hormuz trade disruptions as IEA prepares global oil reserves. Israel’s strike on military and nuclear https://www.aljazeera.com/economy/2025/6/13/oil-markets-are-spooked-as-iran-israel-tensions-escalate