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US-ISRAEL Strikes on IRAN and Their impact on global Markets

Markets react as rising tensions fuel global economic uncertainty, oil prices spiked

by Tekgen
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US-ISRAEL Strikes on IRAN and Their impact on global Markets

AS the US-ISRAEL strike on Iran deepens into an open conflict One can assume that we are on the verge of unsettling disruption in the world history. It is not just disrupting lives on ground but also shaking foundations of the Global Market. IT SPARKS the biggest Oil price surge in years.

Expert says this may rise even higher if the war continues.

As of Now the data available on oilprice.com dated 2 March 2, 2026, 4:45pm shows significant spikes follows US and ISRAELI strikes on IRAN.

COMMODITY

 

PRICE (USD) CHANGE (USD) CHANGE (%)
WTI CRUDE 71.80 4.78 7.13%
BRENT CRUDE 78.20 5.33 7.31%
MURBAN CRUDE 79.85 5.61 7.56%
NATURAL GAS 2.973 0.114 3.99%

OILPRICE.COM

Whenever the tension arises between us and Iran, STRAIT OF HORMUZ becomes the center of global attention as it’s the world’s most critical oil trading pathway. Based on recent data from 2024-2025 projections, roughly 20% to 21% of the world’s total petroleum liquids (crude oil, liquefied natural gas or oil products) pass through the STRAIT OF HORMUZ. Discovery ALERT REPORTEDhttps://discoveryalert.com.au/

According to Reuters News on Monday dated 2 MARCH, Brent Crude rose as much as 13% to $82.37 per barrel which is the highest level since 2025. Previously, Brent rise 10% to around $80 per barrel on Sunday  (1 march).

 

Analysts warned that prices could reach $100 if this continues further.

“An official from the European’s Union said on Saturday that they have been receiving VHF transmission from Iran’s revolutionary Guards saying “no ship is allowed to pass the strait of Hormuz” REUTERS REPORTED.

However AI JAZEERA claims that IRAN has not officially closed the Strait But several tanker owners have suspended OIL and GAS shipments.

But whatsoever they claim we can already assume that even a temporary closure of the Strait of Hormuz_ even for a matter of days_ is enough to keep global markets on edge.

All destruction that happened after Major combat Operations in IRAN on Saturday Morning, shortly after ISRAEL launched a Strike against TEHRAN, drive major Global economic downturn. IRAN lost their supreme leader “AYATOLLAH ALI KHAMENEI” as he was killed in US-Israeli Air Strike on Iran.

This Assassination has triggered the conflict in Iran and also disrupted oil supplies globally.

Iranian President MASOUD PEZESHKIAN Condemn the Killing and Vowed revenge.

During Times of uncertainty both for lives That Matters and Energy Market, IT’S Crucial and quite clear that the situation has deteriorated significantly but the WORLD Must Come together to make peace. As it is the only sustainable Solution for World.

We can Hope for the best…

 

 

                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 

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