# Oil prices surge after Israel launches airstrikes against Iran

> Crude futures jumped about $5 a barrel on June 13 after Israel launched airstrikes against Iran without US support. US crude rose 7.26% to $72.98 and Brent gained 7.02% to $74.23, the strongest gains since March 2022. Iran responded with missile fire at Israel that evening.

- Date: 2025-06-13 · published 2025-06-13T12:00:00.000Z
- Category: geopolitics · region Middle East · magnitude high
- Page: https://feedsoft.ai/events/10992-oil-prices-surge-after-israel-launches-airstrikes-against-iran
- Commodities: [Crude Oil (Brent)](https://feedsoft.ai/c/BRENT.md), [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md)

## Why it matters

Traders see the conflict as a threat to Gulf oil flows, which pushes crude prices sharply higher. The resulting energy cost increase feeds through to feed transport and processing costs.

## Read by commodity

- WTI: bullish ▲
- BRENT: bullish ▲

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| WTI | 2025-06-13 | 5 | +13.1% | 3.3 | Israel's June 13 airstrikes on Iran drove US crude up about 7% to $72.98, the core supply-risk shock behind the 5-day WTI move. |
| WTI | 2025-06-15 | 5 | +11.4% | 3.1 | Israel's June 13 airstrikes on Iran sent WTI up about 7% to $72.98, the largest one-day gain since March 2022, which accounts for most of the 5-day move (sentiment/supply-risk premium). |
| BRENT | 2025-06-13 | 1 | +7.3% | 3.3 | Israeli airstrikes on Iran on June 13 drove the biggest crude gains since March 2022, a geopolitical supply-risk premium that matches the move. |
| BRENT | 2025-06-13 | 5 | +11.2% | 3.1 | Crude jumped about $5 on June 13 after the Israeli strikes and Iran's missile response, the biggest gain since March 2022, driving the weekly move. |
| BRENT | 2025-06-17 | 5 | +15.0% | 3.3 | Crude jumped about $5 on June 13 after Israeli airstrikes on Iran, the strongest gains since 2022, which accounts for much of the weekly move. |

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| BRENT | 2025-06-13 | [Oil prices surge after Israel's strike on Iran \| CBC News](https://feedsoft.ai/events/10997-oil-prices-surge-after-israel-s-strike-on-iran-cbc-news.md) | +12.0% | -0.8% |
| BRENT | 2024-09-30 | [Oil prices rise 3% after Iran launches missiles at Israel](https://feedsoft.ai/events/10029-oil-prices-rise-3-after-iran-launches-missiles-at-israel.md) | +9.6% | +5.6% |
| BRENT | 2025-06-13 | [Risk of regional conflict drives oil price surge after Israel's strike on Iran](https://feedsoft.ai/events/11000-risk-of-regional-conflict-drives-oil-price-surge-after-israel-s-strike-on-iran.md) | +12.0% | -0.8% |
| BRENT | 2025-06-13 | [OIL FUTURES: Crude surges 6% as Israel launches 'preemptive' strike on Iran \| S&P Global](https://feedsoft.ai/events/11153-oil-futures-crude-surges-6-as-israel-launches-preemptive-strike-on-iran-s-and-p.md) | +12.0% | -0.8% |
| BRENT | 2025-06-13 | [Oil settles up 7% as Israel, Iran trade air strikes \| Reuters](https://feedsoft.ai/events/10991-oil-settles-up-7-as-israel-iran-trade-air-strikes-reuters.md) | +12.0% | -0.8% |
| WTI | 2025-06-13 | [Oil prices surge after Israel's strike on Iran \| CBC News](https://feedsoft.ai/events/10997-oil-prices-surge-after-israel-s-strike-on-iran-cbc-news.md) | +10.2% | +1.1% |
| WTI | 2024-09-30 | [Oil prices rise 3% after Iran launches missiles at Israel](https://feedsoft.ai/events/10029-oil-prices-rise-3-after-iran-launches-missiles-at-israel.md) | +9.1% | +5.0% |
| WTI | 2025-06-13 | [Risk of regional conflict drives oil price surge after Israel's strike on Iran](https://feedsoft.ai/events/11000-risk-of-regional-conflict-drives-oil-price-surge-after-israel-s-strike-on-iran.md) | +10.2% | +1.1% |

## Sources

- cnbc.com: https://www.cnbc.com/2025/06/12/oil-prices-surge-after-israel-launches-airstrikes-against-iran.html

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.