From Yahoo Finance: 2025-06-13 16:16:00

Oil futures prices surged following Israel’s attack on Iran, but no oil facilities were impacted. ULSD settled at $2.3587/gallon, marking a 7.77% increase, the highest since February. Global crude markets also rose, with Brent climbing 7.02% to $74.23/b and WTI rising 7.26% to $72.98/b. SPGCI highlighted Iran’s oil production at 3.25 million b/d, ranking among top OPEC+ producers. Concerns over the Strait of Hormuz persist, but analysts doubt a closure. Geopolitical tensions drove the market response, with potential impacts on oil exports and prices. Retail diesel prices remained stable post-attack.



Read more at Yahoo Finance: Diesel and crude spike higher on Israel attack, though no Iranian oil facilities impacted