Israel Attacks Iran: Global Stocks Slide, Oil Prices Spike, Defense Sector Surges 6/13/25
Squawk on the Street
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Tensions in the Middle East: Israel, Iran, and Global Oil Markets
This chapter explores the repercussions of Israel's preemptive strikes on Iran's nuclear facilities, particularly their immediate effect on crude oil prices and global market stability. It highlights the geopolitical uncertainties surrounding the Strait of Hormuz and discusses the implications for U.S. support of Israel amidst rising tensions with Iran. The chapter also examines the potential for regime change in Iran and the complexities of U.S. involvement in the region given current international crises.
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