After Israel attacks Iran, global oil prices fly

Global oil prices said Israel hit Iran with a sharp increase in tensions in the Middle East.

Benchmark brent crude oil price increased by more than 10%, reaches the highest level since January, before losing some gains.

Traders were worried that the conflict between Iran and Israel could violate the supply from the energy-rich region.

The cost of crude oil has affects everything that spends to fill your car to the food price in the supermarket.

After the initial jump, oil prices were slightly relieved. However, Brent was more than 5% of the price connecting the raw Thursday, a barrel of about $ 70.60.

Despite the Friday movements, oil prices are more than 10% from where last year is at the same point. In early 2022, in early 2022, after Russia’s occupation to Ukraine, Russia’s occupation of Russia after the occupation of Ukraine, when the crude price is above over 100 barrels.

Share prices fell on Friday throughout Asia and Europe. Japan’s Nikkei sharing index was closed down 0.39% while England’s FTSE 100 index.

Stugs in the United States were also closed. Dow Jones has decreased by 0.69% while the industrial average, S & P 500.

As a gold and Swiss franc, such as “safe shelter” assets won the “safe shelter” assets. Some investors see these assets as a more reliable investment in uncertain periods.

The price of gold rose to the highest level in about two months, increased from 1.2% to $ 3,423.30.

After the Israeli attack, Israeli defense forces (IDF) said Iran has launched about 100 drones against the country.

Analysts told the BBC that energy traders will watch how much the conflict had deteriorated in the coming days.

“This is an explosive situation, in April and October, despite the fact that Israel and Iran are directly hitting each other, he said,” Vanda Hari “reported BBC.

“This may come to a bigger war in violating the Middle East oil supply,” he said.

Analysts in the capital economy are targeting Iran’s oil production and export facilities, the price of Brent crude oil can be thrown around a barrel of about $ 80-100.

However, they added that such a spike in prices will encourage other oil producers to increase the impact of prices to restrict price growth and inflation.

A spokesperson for the UK motorized body, Rhode Dennis said that the price of oil is “very soon” to say what the price of oil prices affected.

“There are two main factors in the game: higher wholesale fuel prices in the coming days decide to make retail sales decisions, which are very important, very important,” he said.

In the extreme scenario, Iran, Iran, Iran, Iran may disrupt millions of oil supplies in one day.

The throat is one of the most important shipping roads in the world, one in five fifths around the world.

At any time, as large oil and gas producers in the Middle East, there are several dozens of tankers when they go to the Strait of Hormuz, because in the Middle East, large oil and gas producers and customers are energy from the region.

The Bay of the Bay of Hormuz by the north and South Oman and the United Arab Emirates (UAE) by Iran connect the Gulf of Strait with the Arab Sea.

“Now what we see is very risky. However, the next day or two years, it must be a market factor in the market to increase the market.

Additional report by Katie Silver