Crude Oil Surges as Israel Attacks Iran, Gold and US Dollar Climb Too

From Investing.com: 2025-06-13 05:59:00

Israel launched military strikes on Iran, targeting nuclear facilities and military commanders, escalating tensions in the region. Iran responded with drones, but talks between the US and Iran have been called off. Oil prices surged over 10%, safe havens rallied, and stocks plunged as a result. The dollar bounced back from a 3-year low, while the yen edged higher ahead of the Bank of Japan’s decision. Gold prices rose as stocks avoided a sharp selloff, with uncertainty surrounding trade deals and geopolitical tensions driving market movements.



Read more at Investing.com: Crude Oil Surges as Israel Attacks Iran, Gold and US Dollar Climb Too