11:17 - 13.06.2025

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June 13, Fineko/abc.az. The escalation of the military conflict in the Middle East is pushing oil prices up, after the start of the Israeli attack on Iran, quotations rose more than by 9%, reaching a peak of $78.5 per barrel of Brent. By 10.20 (Baku time), Brent crude oil is growing by 7.5% to $74.57 per barrel. Light crude oil prices are adding 7.3%. Markets are pricing in the risk of supply disruptions.

Gold futures are also reacting, which are currently growing by 1.2%, trading at $3,444.2 per ounce.

Global stock indexes reacted negatively. Asian markets, futures on the leading stock indexes of the USA and Europe are also declining at the moment.

Early on Friday morning, June 13, Israel launched an air attack on Iran, and Tehran, in turn, promised "severe punishment".