Oil prices surge after Israel’s attack on Iran. Trump urges Iran to ‘make a deal before there is nothing left’

• Jpmorgan fears that crude oil may reach $ 130 a barrel, This caused inflation to 5 % in the worst scenario. president Trump urged Iran to conclude a deal before further attacks by Israel, but the tensions are likely to remain high as Israeli leaders through the political spectrum supporting the attack.

Crude oil prices rose to more than five years on Friday after the Israeli air strikes in Iran were placed on the edge of the war, threatening President Trump’s efforts to drop inflation.

Israel’s attack on dozens of targets in Iran, including the risk of capital, which disrupts the offer to the most important commodity in the world. The Persian Gulf extends in the vast oil fields in Saudi Arabia near Dahran in the West and Iranian gas reserves in the east, which represents a catastrophic point where approximately one -fifth of global demand passes through the Strait of Hormuz.

“There is still time to make this slaughter … it is over,” Trump said, named Tehran, to give up efforts to enrich uranium to an arms level. “Iran must make a deal before there is nothing.”

Crude oil rose to 13 % – as they were achieved at the S&P Global Commodity Insight the largest gain in five years – with North Brent oil, which amounted to $ 78.50 a barrel, which is above January, after Israel launched attacks on Natanium Inrichment.

Prime Minister Netanyahu:
"Moments ago, Israel launched the RISing Lion operation, a military operation aimed at declining the Iranian threat to the survival of Israel.

This process will continue for several days when this threat is removed." pic.twitter.com/3c8of1Gcya

– Israeli Prime Minister (Israelipm) June 13, 2025

“This development is deeply concerned,” Raphael Grossi, head of the International Atomic Energy Agency, told the Council of the Commission on Friday. “Such attacks have serious effects on nuclear safety, security and guarantee, as well as regional and international peace.”

In a statement, Israeli leader Benjamin Netanyahu said he had no intention to enjoy. For years, Tehran was a destabilization force in the region, and the Assad regime now collapsed in Syria, the Yemeni Houthi rebels, the semi -military Hezbollah and Hamas in Gaza.

“This process will continue for several days that it takes to remove this threat,” the Israeli Prime Minister pledged. The supreme leader of Iran, Ayatollah, pledged revenge, indicating that the conflict will escalate.

JPMorgan estimates that American inflation can reach 5 % in the worst cases scenario

A continuous rise in crude oil puts upward pressure on prices, with most fossil fuels and petrochemical material diseases that are priced in trading in the north of Brent Sea, the standard world decade. Jpmorgan warned that the conflict could push the consumer price index in the United States to up to 5 % against the backdrop of oil prices worth $ 130 in the worst scenario.

Trump, whose approval categories in all fields decreased in the latest poll in Quinnipiac, which was published this week, for positions on a platform to address the American living crisis and end “Forever Wars” in the Middle East.

“We have inflation under control,” the President insisted on Thursday, expressing his frustration with the recent rise in energy prices, as merchants who were seeking an increasing danger of the Israeli strike.

With this crime, the Zionist regime has prepared for itself a bitter and painful fate, which will definitely be seen.

– khamenei.ir (khamenei_ir) June 13, 2025

Trump tried to prevent Iran from enriching uranium by starting official talks with Tehran for the first time in years, starting in April. On Monday, the president was said to have asked Netanyahu to curb Iran for at least enough to give peace talks enough.

“The United States was scheduled to meet tomorrow with the Iranians to reach a kind of nuclear agreement,” said Sajar Ingéti, the conservative commentator with him.The score of collapse. “Israel has now eliminated all of this from the table. They chose to start this war.”

Netanyahu launches an attack as he ties power

The preventive strike comes on Iran, while Netanyahu is struggling to preserve his ruling alliance together amid a growing political rift in the country over the thorny issue of the military service of the Hewish Jews during the war.

If UTJ, SHAS, the time of vocal time, and ShaS unified, threatened them with the collapse of the government if their Harini voters are not exempted, then Netanyahu’s immunity is one of the ends of the prosecution. Then he risk follows Ehud Olmert to become the former former Israeli minister to confront prison on charges of corruption.

On Friday’s attack on the chief Netanyahu critics for the right and the left – Navaliti Bennett and Yer Golan – forced to close the ranks of the Prime Minister and show a unified front during the last crisis. Both indicated their support for the military effort and the Israeli forces again in the way of harm.

“All Israelis, the left and the right, support this measure of self -defense,” said Bennett, who is currently leading at the polls. Iran accused him of being a “octopus of terrorism” that meets chaos all over the world: “I have been pressing to hit its head for a long time. Now it is finally happening.”

This story was originally shown on Fortune.com

2025-06-13 12:22:00