# Oil Soars as Israel-Iran Tensions Escalate

Page: https://stenobird.com/podcast/uk-news-today-2-min-news-the-daily-news-now-7493829/oil-soars-as-israel-iran-tensions-escalate
Text version: https://stenobird.com/podcast/uk-news-today-2-min-news-the-daily-news-now-7493829/oil-soars-as-israel-iran-tensions-escalate.md
Podcast: [UK News Today | 2 Min News | The Daily News Now!](https://stenobird.com/podcast/uk-news-today-2-min-news-the-daily-news-now-7493829)
Published: 2026-06-08T07:23:39+00:00
Episode link: https://api.fastcast.ai/audio/1f178c5f-1141-4c78-bc1a-9fd5a44b6f19.mp3
Audio file: https://api.fastcast.ai/audio/1f178c5f-1141-4c78-bc1a-9fd5a44b6f19.mp3
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Duration seconds: 98

## Resource

Oil prices spiked over 3% Monday as Brent hit $96.15 and WTI reached $93.48, triggered by Israel’s new strikes on Iran amid escalating regional tensions. Israel’s military confirmed targeting sites in western and central Iran after Iran launched its own attacks, reigniting a cycle of retaliation. Former President Trump urged Netanyahu to hold back, claiming he “calls all the shots” and warning escalation only prolongs conflict. Iranian state media reported damage to a petrochemical facility in Mahshahr, with casualties still unconfirmed. Despite a ceasefire between Lebanon and Israel — one Iran reportedly tied to broader peace terms — both sides remain poised for further action, casting a shadow over global markets and regional stability. Support the show: Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN: advertise@thednn.ai This is an automated, high-level news summary based on public reporting. Report issues to feedback@thednn.ai. View sources & latest updates: https://sources.thednn.ai/4fbcb53241a1d6cf

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