Oil prices climb on fears of Israeli strike on Iran, supply risks intensify

Azernews.Az

21 May 2025 12:00 (UTC+04:00)

Akbar Novruz

Oil prices surged by over 1 percent on renewed geopolitical tensions in the Middle East, following reports that Israel may be preparing to target Iran’s nuclear facilities—raising fears of major supply disruptions in a key oil-producing region, Azernews reports.

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