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Iran-Israel conflict's impact on crude oil could last for years.- FT

Iran-Israel conflict's impact on crude oil could last for years.- FT

03 MIN 30 SEC

REFORMA Group

London, England (June 23, 2025) - 10:45 a.m.

Brent crude oil prices have only risen by about $10 since the start of the Iran-Israel conflict.

Brent crude oil prices have only risen by about $10 since the start of the Iran-Israel conflict. Credit: AFP

The threat of an Israeli or US attack on Iran has weighed on oil markets for decades. However, now that it has happened, the market appears hesitant to discount the implications for energy, the Financial Times noted.

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