Crude oil has jumped in the overnight session by 6% on news of preemptive strikes on Iran.
Israeli defense minister confirms “preemptive strikes” on Iran, Iranian state media says explosions heard in Tehranhttps://t.co/OZNwfEOjmZ
— CNN International (@cnni) June 13, 2025
July WTI crude oil futures were last up 6% at $72.27.