From Yahoo Finance: 2025-06-13 17:19:00

Israel’s strike on Iran caused financial market turmoil with stocks falling, gold climbing, and crude oil spiking 14%. Global investors reacted as conflict escalated, triggered by Israel’s overnight strikes targeting Iran’s military and nuclear program. Trump’s comments on Truth Social added tension, urging Iran to dial back its nuclear program. US stock futures dropped, European stocks fell, and crude oil prices surged due to potential Middle East supply disruptions. West Texas Intermediate crude rose 14% to $74 a barrel, while Brent crude climbed 13%. Gold also rallied, up to 1.7%, as investors sought the safe-haven asset.

Read more: 3 charts show how the Israel-Iran conflict immediately rocked markets