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Israel-Iran Conflictin Financial Markets
3 hours ago

G7 leaders meet to address Israel-Iran tensions amid hopes of de-escalation, as reports suggest Iran's missile attacks on Israel may be slowing. Meanwhile, Adani's Haifa port remains operational despite regional strikes.

Oil prices jump and Dow plummets 1.8% after Israel’s attack on Iran stokes fears of wider war

FortuneFriday, June 13, 2025 at 8:41:08 PM
Oil prices jump and Dow plummets 1.8% after Israel’s attack on Iran stokes fears of wider war
Oil prices surged and the Dow dropped sharply—down 1.8%—after Israel’s strike on Iran sparked fears of a broader conflict in the Middle East. Defense stocks got a boost (no surprise there), but airlines and other fuel-heavy industries took a hit. Investors are clearly rattled by the prospect of escalating tensions disrupting global oil supplies.
Editor’s Note: When geopolitical tensions flare in oil-rich regions, markets react fast—and not in a good way. Higher oil prices mean pricier gas, shipping, and travel, which could trickle down to everyday costs. Plus, a wobbly stock market shakes confidence, making businesses and consumers hesitant to spend. This isn’t just about Wall Street; it’s a reminder of how tightly global stability is tied to our wallets.
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