Oil prices surged by 13% in one day following Israel's attack on Iran, reaching up to $78.25. It reversed from a declining trend.

Oil prices remaining stable despite the ongoing Israel-Iran war is also an important indicator regarding the course of the conflict.

Additionally, the rise in oil prices benefits Russia and causes inflation to increase in the USA. Trump does not want this.

#Petrol # UKOIL #Brentpetrol
The oil futures market chart is sourced from #Quantfury.