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Israel Strikes Iran's Nukes, Oil Prices Surge Over 10%

6/13/2025

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Story summary
  • Israel launched airstrikes on Iran's nuclear facilities to thwart weaponization efforts.
  • Global oil prices spiked over 10% amid concerns of Middle East supply disruptions.
  • The operation, dubbed Rising Lion, targets Iran's nuclear and missile capabilities.
  • U.S. Secretary of State affirmed no American involvement, supporting Israel's self-defense rights.
  • Analysts predict escalating tensions may drive oil prices to $120 per barrel.