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Oil surged, stocks fell, and investors moved into the US dollar and government bonds on June 13 after Israel struck Iranian nuclear and military targets. US crude rose $4.73, or 6.9%, to $72.77, its biggest gain since early in Russia's invasion of Ukraine.
Brent climbed $4.58 to $73.94.
The strikes raise the risk of a wider war and of Middle East supply disruption, which pushes crude prices higher. Higher crude raises fuel and transport costs for feed production and delivery.
cbc.caThe Associated Press13 jun 2025Na 656 eerdere opwaarts geopolitiek-gebeurtenissen bewoog Ruwe olie (Brent) zich mediaan +1,9% over 5 sessies (63% hoger; middelste helft -2,7% tot +6,6%), en +0,7% over 20.
Na 626 eerdere opwaarts geopolitiek-gebeurtenissen bewoog Ruwe olie (WTI) zich mediaan +2,1% over 5 sessies (62% hoger; middelste helft -2,3% tot +8,5%), en +1,6% over 20.
Bewegingen van de benchmark van elke grondstof sinds de laatste slotkoers vóór de gebeurtenis. Historische waarden bundelen eerdere gebeurtenissen van hetzelfde soort; ze beschrijven wat er gebeurde, niet wat zal gebeuren. Geen beleggingsadvies.
CBC report of the oil surge and risk-off flows on June 13 after the Israeli strike confirms the sentiment-driven price jump.
US crude rose $4.73 (6.9%) on June 13 after the strikes on Iranian targets, which was the main driver of the weekly gain.
Oil surged with safe-haven flows into the dollar and bonds, confirming the sentiment-driven rally in Brent.
US crude gained 6.9%, its biggest gain since early in the Ukraine invasion, on the Israeli strikes.
Brent climbed $4.58 on June 13 as investors priced in the Israel-Iran supply risk, confirming the size of the move.
