Rape. J. Obernolte, R-Calif., ‘Join the morning with Maria to analyze Israeli attacks and discuss the warnings of President Donald Trump.
oil prices The Israeli defense forces (IDF) on Friday extended after Iran’s nuclear facilities and a widespread strike on military leaders.
The price of US West Texas Intermediate climbed about 6% to $ 72 per barrel on Friday as the strike expressed concern over Wall Street Growing stress The Iranian energy between Israel and Iran can disrupt. The global benchmark Brent crude rose by 10%, reaching its highest level since January. As Noon ET, Brent prices were around $ 73.50 per barrel.
Andy Lipo, president of the Lipo Oil Associates, said the market is particularly concerned that Iran would retaliate by attacking either Israeli or American goals, leading to a major military growth and potential oil supply disruption.
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On the morning of June 13, 2025, Tehran, Iran allegedly grows smoke from a wave of Israel in a wave of Israel. (San/Middle East Picture/AFP Getty Image/Getty Image)
,Iran can believe OPEC+ oil supply recently, which is more than the expected market in the last three months, was designed to offset the loss of Iranian oil exports, as enmity increases as hostility, “Lipo said. He estimated that the market can increase the loss of Iranian oil to $ 7.50 per barrel, but can reach the price through Hormuz’s strat.
The price of US West Texas Intermediate climbed about 6% to $ 72 per barrel on Friday. (Reuters / Tod Korol / Reuters)
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Filin, senior energy analyst of Price Futures Group, told Fox Business that prices could not be out of control as there is no report of damage to the infrastructure of oil and “” “” “Iran threatened in the past There is probably no possibility to close the hormuz’s strait. ,
Rescuers work on the scene of a damaged building after the Israeli attacks in Tehran, Iran on 13 June 2025. (Reuters)
“It is probably very clear that he does not have an army with the ability to do so. It is especially true of some of his top leaders of the Iranian revolutionary guard,” Flynn, also said a Fox Business Network contributor.
In such situations, according to Flynn, prices are usually “overact” before it cools down.
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He said, “It is interesting to see how it plays in the next few days, although it means that oil prices will have a higher price because we move forward.”
