Oil Climbs Amid Escalating Middle East Tensions -- Market Talk

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Oil Climbs Amid Escalating Middle East Tensions -- Market Talk

Dow Jones06-13

0028 GMT - Oil climbs in the early Asian session amid escalating Middle East tensions that could result in supply disruptions. Israel has launched a strike against Iran, according to multiple reports. In recent days, expectations have grown for an Israeli attack on Iranian nuclear facilities. Front-month WTI crude oil futures are up 5.3% at $71.64/bbl; front-month Brent crude oil futures are 4.9% higher at $72.76/bbl. (ronnie.harui@wsj.com)

(END) Dow Jones Newswires

June 12, 2025 20:28 ET (00:28 GMT)

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