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Oil prices soar globally after Israel’s strike on Iran

editorJune 13, 2025June 13, 202501 mins

Oil. Since Israel claimed to have blasted Iran, prices have skyrocketed globally, causing tensions in the Middle East. People are being hampered by this crude oil’s impact on food and gasoline prices. Energy traders, according to analysts, are anticipating Iran’s response. A fifth of the world’s oil passes through the Strait of Hormuz, making it…

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The Iran-Israel tension is at its height; will gas and diesel prices alter today?

Banasree SarkarOctober 3, 2024October 3, 202404 mins

The Iran-Israel war situation has affected the world, with the biggest impact on crude oil prices. Crude oil prices have been rising for two consecutive days. Crude oil prices are increasing in the global market today on Thursday. Crude oil prices rose by 5 percent on Tuesday and 1.5-2 percent on Wednesday, i.e., yesterday. Even…

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