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Oil prices jump more than $4 after Israel strikes Iran

ReutersJun 13, 2025 12:40 AM

- Oil prices jumped more than $4 a barrel on Friday after Israel said it struck Iran, raising concerns of escalating tensions in the Middle East that may affect oil supplies.

Brent crude futures LCOc1 were up $4.02, or 5.8%, at $73.38 a barrel. U.S. West Texas Intermediate crude CLc1 was up $4.35, or 6.39%, at $72.39 a barrel at 0029 GMT.

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