Oil prices surge after Israel launches airstrikes against Iran
Iran’s high leader Ayatullah Ali Khanei speaks at a meeting in Tehran on 20 May 2025 in Tehran. Iranian High Leader Office.
Iran Supreme Le Office | Through Reuters
Raw futures jumped about 5 dollars per barrel on Friday after starting Israel’s air strikes against Iran without US support, and stopped the fear that it could disrupt oil materials in the Middle East among investors.
Oil merchants have seen Israel’s attack as the most important geopolitical event since Russia launched Ukraine’s full -scale invasion, and has published their strongest gains since March 2022. US Crude Oil On Friday, it won $ 4.94 or 7.26%from $ 72.98 per barrel. Global benchmark Brent It increased $ 4.87 or 7.02% to settle at $ 74.23 per barrel.
Israeli Defense Forces, Iran on Friday evening local hours Israel on Friday evening at the local time, said the missiles fire. Raw prices increased by more than 8% in the expansion of the transaction after Iran’s counter attack.
Israeli Prime Minister Benjamin Netanyahu said that Israel has launched a “targeted military operation” against Iran’s nuclear and ballistic missile program at the beginning of Friday’s Friday. The attack does not seem to disrupt any important oil infrastructure.
Israel said that Iran has hit the main enrichment area in Natanz, leading nuclear scientists, and hit the heart of the ballistic missile program. Air attacks also killed senior members of the Iranian army.
“This operation will continue for days to eliminate this threat,” Netanyahu said. He said.
US Secretary of State Marco Rubio said that Israel has done “one -sided action against Iran” without US support. Rubio warned Iran against targeting US interests in the region.
“We are not involved in strikes against Iran, and our biggest priority is to protect American forces in the region,” Rubio said. He said. “Israel told us that they believe that this action is necessary for self -defense.”
President Donald Trump said he paid the price because Iran could not agree on the nuclear program until the 60 -day deadline.
“They should have done this!” Trump said in an article in Social, the truth of the social media platform. “Today is the 61st day. I told them what to do, but they could not reach there. Now maybe he has a second chance!”
Oil prices year
What’s next for oil prices?
The risk of oil markets is the source of both Tehran and other regional players that can be drawn to conflict. According to the May Monthly Oil Market Report, which compile the evaluations of independent analyst resources, Iran production was 3,305 million barrels a day in April.
The International Energy Agency, which was initially established to respond to global oil shocks, said on Friday that it has 1.2 billion barrel emergency stock in the security system.
IEA Executive Director Fatih Birol, “IEA, Israel-Iran situation on the influence of oil markets actively monitoring. Markets are well supplied today, but we are ready to take action if necessary.” in question.
Lipow Petroleum Assocates President Andy Lipow is worried that oil investors will now retaliate by attacking Iran’s Israel or American goals, leading to a large military rise and cutting potential oil supply.
In his statement to CNBC, Iran said that the increase in gasoline and diesel prices for the Americans, which influenced Iran’s Middle East oil supplies, has politically damaging the US President.
UNNAZED Iranian oil facilities
The rising Middle East tensions have increased the concerns that Iran can benefit from the Hormuz Strait, an important Chookepoint that connects the Gulf of Basra and the Gulf of Oman. from beginning to end One -fifth of the world’s oil supply passes.
Ellen Wald, the founding partner of Washington Ivy Advisors, means that the Israeli operation is more important than a long time, but Iranian oil production or export facilities are not directly targeted, that is, Tehran can continue to export oil.
“For Iran, there is no clear benefit for trying to prevent the passage of oil from the Hormuz Strait, Wal Wald said Wald said that Iran will retaliate if he tries to do so.
Iran’s ability to physically block the Hormuz Strait is also controversial. Wald said that ships could be directed to the United Arab Emirate and Oman waters as the ships passed through the Iranian waters. “Although there is a period of deterioration, it is not likely to take so long.”
In addition, Wald warned that an increase in oil prices could lead to economic pressure from closing the Hormuz Strait. Iran’s largest oil customer: Chinese.
“China does not want the oil flow from the Gulf of Basra to deteriorate in any way and does not want the Chinese oil price to rise.
“I don’t think we’re looking at something as violent when Russia occupied Ukraine. It is not such an important threat to oil materials,” he said.
