Oil prices surged as the U.S. joined Israel in striking Iran's nuclear sites, sending shockwaves across global markets.
Tehran warned that U.S. aggression has widened its range of legitimate targets, with threats to close the Strait of Hormuz looming large.
China condemned the attacks, calling U.S. credibility “damaged.” Investors fear disruptions to global oil flow, with Brent briefly spiking to $81.40.
Analysts say the mere threat of retaliation could keep prices volatile and inflated.
Iran, OPEC’s third-largest producer, now holds global energy markets at the edge of uncertainty.
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