Israel's Strike on Iran Will Likely Benefit Oil, Defense Stocks -- Market Talk

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Israel's Strike on Iran Will Likely Benefit Oil, Defense Stocks -- Market Talk

Dow Jones2025-06-13

0619 GMT - Oil and defense stocks will likely be buoyed by rising tensions following Israel's major attack on Iran's nuclear and military facilities. The rest of the market should remain under pressure on Friday, Swissquote's Ipek Ozkardeskaya writes in a market comment. "Many investors may prefer to take risk off the table ahead of what could be a volatile weekend in terms of geopolitical headlines," the analyst says, adding that the news aren't entirely surprising given recent reports. Judging by the surge in oil prices, the market's response to the attack has been very strong, she notes. (elena.vardon@wsj.com)

(END) Dow Jones Newswires

June 13, 2025 02:20 ET (06:20 GMT)

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Judging by the surge in oil prices, the market's response to the attack has been very strong, she notes. 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