Oil prices spike over 3% as Iran and Israel trade strikes, escalating regional tensions

June 8, 2026·Source: CNBC·3 views

Oil rises on Monday amid heightened tensions in the Middle East, raising concerns that the conflict may drag on.

This story was originally reported by CNBC. For the complete coverage and latest updates, visit the original source.

Read the full story at CNBC.

Originally reported by CNBC. Read the original article

Investors will also be focused on inflation data and the public debut of SpaceX on Friday.

Israel and Iran traded fire early Monday in retaliatory strikes that threatened to drag the wider Middle East back into a regional war.

He used the pandemic to ruthlessly tighten his grip on the country. Then he energized its economy by leveraging Russia’s war in Ukraine.

As Hong Kong vies with Wall Street to be the top IPO market, a growing number of pre-debut runups turn sour after their listing.

Related Articles