Geopolitical Tension: Oil Prices Jump 2% Following US Strikes on Iran
Oil prices rose 2% following U.S. airstrikes on Iran on 21st June,2025, sparking concerns about potential disruptions in global oil supply. It happened fast, and the markets felt it instantly. This is not the first time something like this has happened, and probably not the last. Whenever tensions rise between powerful countries, the oil market reacts.
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