"US Airstrikes on Iran's Nuclear Sites Shake Global Markets – Oil Prices Surge Past $92"

 

In a major escalation, the United States launched airstrikes targeting key Iranian nuclear facilities late Friday night, sending shockwaves across global markets. The Pentagon confirmed the operation, citing “preventive action to deter nuclear threat escalation.”

As a result, Brent Crude oil prices jumped over 6%, crossing $92 per barrel — their highest point in nearly 8 months.

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🛰️ What Was Hit?

Natanz Uranium Enrichment Facility

Fordow Underground Complex

Air-defense systems in Isfahan region

Iran’s media reported “material damage but no mass casualties”, while Tehran vowed retaliation.

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📈 Global Impact:

Market Reaction

Crude Oil +6.2% to $92.47/barrel

Gold +1.5% to $2,400/oz

Sensex -450 pts (opening dip expected)

US Stocks S&P 500 futures dip pre-market

Crypto Bitcoin dips 2.8% on war concerns

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🗣️ Expert Opinion

> “This strike puts the oil market in high alert mode,” says UBS analyst Ankit Khanna.

“If Iran retaliates by disrupting Strait of Hormuz, prices may cross $100.”

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🛡️ What Comes Next?

Possible Iranian cyber retaliation

Disruption in Middle East oil exports

Emergency UN Security Council meeting being planned

Increased demand for safe-haven assets (Gold, Bonds)

alt="Oil barrels with rising price graph representing surge due to U.S.-Iran conflict"