Oil prices increased and stocks fell on Friday following Israel’s attacks in the main military officers and nuclear sites in Iran.
American oil reference prices rose approximately 8% to approximately $ 74 per barrel, the highest level since the beginning of April. The main rates of shares fell more than 1% in trade prior to trade, although they reduced the heaviest losses as investors evaluated that the broader consequences of the conflict were initially limited. Technological actions such as Nvidia and Tesla fell, while the actions of oil and defense companies such as Chevron and Lockheed Martin were negotiated.
Gold prices also reached a new monthly maximum, increasing more than 1% to up to $ 3,440 per ounce. Bitcoin’s price fell almost 1% to less than $ 105,000. The prices of US bonds. UU. They changed little.
Israel launched strikes in Iran the local time on early Friday, a dramatic escalation of long -lasting tensions between the two countries. Israel’s officials have warned about a “long operation”, while President Donald Trump said there was much more to come “from Israel and that Iran should reach an agreement. Until now, Iran has taken reprisals by throwing drones towards Israel while threatening US assets in the region.
While increasing oil prices generally indicate higher gasoline prices for consumers in the next few days and weeks, experts said there was no need to hurry to the pump.
“The highest prices of gasoline are approaching. But it will not be crazy and, ultimately, gas prices are still affordable against income,” said Patrick of Haan, head of oil analysis at the Gasbuddy Pricing Tracker, in a publication in X.
The highest prices of oil could enliven inflation, which complicates federal reserve calculations as a weakening labor market continues against fear of the impact of Trump’s rates prices.
Before the attacks, the actions appeared in the week of winning a winning week after the Trump administration indicated a renewed interest in an approach with China about commercial concerns. The president said he planned to stabilize import tariffs on 55%Chinese products, while those of US goods in China would be established in 10%.
