Oil costs surge after Israel launches airstrikes towards Iran

Oil costs surge after Israel launches airstrikes towards Iran

Iran’s Supreme Leader Ayatollah Ali Khamenei speaks during a meeting in Tehran, Iran, May 20, 2025. Office of the Iranian Supreme Leader. Office Of The Iranian Supreme Le | Via Reuters Crude oil futures jumped 10% Thursday evening after Israel launched airstrikes against Iran without U.S. support. U.S. West Texas Intermediate rose 10.21%, to $74.99 … Read more

Israeli army conducts airstrikes on Iran

Israeli army conducts airstrikes on Iran

The Israeli military has begun airstrikes against Iran, two U.S. officials said Thursday evening, a dramatic escalation that increased the chances of an all-out war between the countries and expanding the long-running regional conflict. There is no U.S. involvement or assistance, the officials said. Israel confirmed it had launched a strike on Iran, and declared … Read more