The top leader of Iran, Ayatollah Ali Khamenei, speaks during a meeting in Tehran, Iran, on May 20, 2025.
Office of Iranian Colonel Le | About Reuters
The raw futures rose by about 5 US dollars per barrel on Friday after Israel had started air strikes against Iran without support in the USA. Among investors, the fear that the conflict could spread to disturb the oil supply in the Middle East.
Oil traders viewed the attack of Israel as the most important geopolitical event since Russia its complete invasion of Ukraine, with crude oil prices their strongest profits since March 2022. US raw oil Received 4.94 US dollars or 7.26%on Friday to close $ 72.98 per barrel. Global benchmark Brent increased $ 4.87 or 7.02%to settle at 74.23 USD per barrel.
Iran fired rockets on Friday evening on Friday evening in retaliation measures, said the Israel Defense Forces.
Israel started a “targeted military operation” against the Iranian nuclear and ballistic rocket program early Friday, said Israeli Prime Minister Benjamin Netanyahu in a speech. The attack does not seem to have disturbed a significant Ölinfrastructure.
Israel met the main Iranian area in Natanz, his leading nuclear scientists, and hit the heart of his ballistic rocket program, said Netanyahu. The air strikes also killed high -ranking members of the Iranian military.
“This operation will take as many days as it takes to eliminate this threat,” said Netanyahu.
US Secretary of State Marco Rubio said that Israel had taken “one -sided measures against Iran” without the support of the United States. Rubio warned Iran against aiming the US interests in the region.
“We are not involved in strikes against Iran and our top priority is to protect American armed forces in the region,” said Rubio in an explanation. “Israel advised us to believe that this action is necessary for his self -defense.”
President Donald Trump said that Iran had paid the price for the fact that he had not contracted his nuclear program until after his 60-day period.
“You should have done it!” Trump said in a contribution in his social media platform. “Today is day 61. I told you what to do, but you just couldn't get there. Now you may have a second chance!”
Stock Diagram -iconstock -Igram -Symbol
Oil prices from year to year
What's next for oil prices?
The risk of the oil markets consists of both Tehran and other regional actors who could be drawn into the conflict. According to the monthly oil market report from OPEC in April, Iranian production in April in April was 3.305 million barrels in April, which put together the ratings of independent analysts.
The international energy agency, which initially reacted to global oil shocks, announced on Friday that it made it available to 1.2 billion barrels of emergency stocks in their security system.
“The IEA actively monitors the effects on the oil markets from the situation of Israel-Iran. The markets are well supplied today, but we are ready to act if necessary,” said Fatih Birol, Executive Director of IEA.
Ölinvestors are now concerned that Iran will take revenge by attacking either Israeli or American goals, which leads to a great military escalation and a potential disorder of oil supply, said Andy Lipow, President of Lipow Oil Associates.
“Iran knows very well that President Donald Trump focuses on lower energy prices,” Lipow told CNBC, adding that Iran's actions affect the oil supply of the Middle East in the Middle East and consequently politically damage the petrol and diesel prices for Americans for the US President.
Iranian oil devices are not targeted
The aspiring tensions in the Middle East have expressed concerns that Iran could use Hormuz's road, an important chokepoint that connects the Persian Gulf and the Gulf of Oman. through which a fifth of the world's oil supply runs.
While Israeli operation is more important than for a long time, there was no direct orientation of Iranian oil production or exporting systems, which means that Tehran can continue to export oil, said Ellen Wald, co-founder of Washington Ivy advisors.
“For Iran, it is really not a net part of the attempt to hinder the passage of oil through the Hormuz street,” Wald said and explained that Iran has to do this against trying to do so.
Iran's ability to completely physically block Hormuz's street is also controversial. While ships cross through Iranian waters, they can still be diverted into the US waters in the United Arab Emirates and Omani waters, Wald said. “Although there would be a time of the disorder, it probably doesn't take that long.”
In addition, Wald warned that an increase in oil prices from the closure of the Hormuz street could cause the economic pressure of the largest oil customer in the Iranian oil: China.
“China does not want the oil flow from the Persian Golf to be disturbed in any way, and China does not want the oil price to rise. So they will bring the full weight of their economic power to Iran,” she added.
“I don't think we are looking at something as serious as Russia entered Ukraine. It is simply not a significant threat to the oil supply,” she said.
Comments are closed.