#IsraelIranConflict Market & Commodity Impacts

Oil prices: Saw explosive jumps—Brent +6 % to ~$73.5, WTI +6.1 % to ~$72.2; at one point surged 10–14 % intraday; JPMorgan warns prices may hit $120–130.

Safe-haven assets & equities: Gold rose (~$3,423/oz), S&P 500 futures down ~1.2 %; Asian markets, European equities, and U.S. futures declined +

Regional stocks: Australian energy and gold miners gained; meanwhile tech and airline shares dropped 

Major Israeli strikes on Iran: Operation Rising Lion on June 13 involved ~200 aircraft hitting 100+ Iranian military and nuclear sites, reportedly killing top IRGC figures including Generals Bagheri and

Iran’s swift retaliation: Tehran launched over 100 drones toward Israel, many intercepted etnownews.

Global reaction: Airspace closures in Jordan, Iraq; international calls for restraint; no direct U.S. involvement but potential entanglement risk#IsraelIranConflict