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Iran could retaliate against the U.S. strikes on its nuclear facilities by shutting down the Strait of Hormuz, a move that would likely cause oil and gas prices to surge.

Oil prices surged during late Sunday trading after the US launched strikes on three Iranian nuclear Saturday evening in a major escalation of the Iran-Israel conflict.

Tehran could disrupt vital exports of oil and gas from the region, but history tells us that any disruption would likely be short-lived.

Saudi Arabia and other oil states are rushing to load tankers in case the Israel-Iran fighting spreads to export installations.

I’ve gathered data on how oil and stocks typically behave after a weekly spike in crude prices. Let’s see if these scenarios have historically produce high-probability trading opportunities.

Despite not relying on Iran for its oil supplies, petrol and other prices in Australia will rise due to the global impact of the Israel–Iranian war.

Crude oil prices continued to surge on Friday after Israel launched strikes at Iran the day before, prompting fears of energy supply disruptions from the Middle East.

Oil prices surged, stocks dropped and investors flocked to safe havens like gold on Friday after tensions between Israel and Iran escalated, stoking concerns of a broader conflict in the region.