Oil prices soar after Israel attacks Iran | BBC News
Global oil prices have jumped after Israel said it had struck Iran, in a dramatic escalation of tensions in the Middle East.
The price of the benchmark Brent crude was up by more than 10% shortly after the news emerged, reaching its highest level since January.
Traders are concerned that a conflict between Iran and Israel could disrupt supplies coming from the energy-rich region.
The cost of crude oil affects everything from how much it costs to fill up your car to the price of food at the supermarket.
Subscribe here: http://bit.ly/1rbfUog
For more news, analysis and features visit: www.bbc.com/news
#Oil #Iran #BBCNews
25 Comments
That's because rump is in bed with the oil industry.
How much did the Trumpian gang make from insider trading ?
Stop giving Israel handouts.
USE WIND POWER.
bbc, how will people ride trains if oil prices increase?
Whats Ursula going to do now?
Israel cares zero about anyone. Selfish and evil π
Absolute BS. Oil production and transport has not been affected and it is another opportunity for oil companies to ravage the consumer for nothing.
Is the orange turd going to stop this war in 24 hrs!? Of course not can't upset his financers!
Well whoope fokken doo eh
There seems to be alot of stuff "expected" lately
BBC is fake news. Stop shielding people from the truth.
Thanks Benny π
Sounds like oil will skyrocket because of this war… ππππππππππππππ
If US wants export its oil, No news on nord stream pipe breakβ¦. No news on strait of Hormuz blockβ¦ so now US can sell oil at non competitive priceβ¦
israel is ugly
Netanyahu is currently fighting with the whole world. Making our life miserable
This is why we should scrap net zero and dig for our own oil and gas so we dont have to worry about what other countries are doing to see how it effects us π€·
The US doesnβt receive oil from Iran. Why the price increase?
BS
Russia is the biggest benefit for netanyahu war…. hahaha yes bibi
βRemoving Benjamin Nethanyahu will create a positive reverberation throughout the region. It will send a message that regimes hostile to the middle east and to freedom cannot act with impunity.β
So, what is Trump going to do about Israel?
We donβt know how much the oil price is going up but whenever there is an excuse such as this stupid war, the industry takes advantage of it by jacking up prices or if there is a holiday,prices go up.
So because two countries that we don't get oil from are going to war, our prices are going up? Make that make sense