{"id":74357,"date":"2026-06-08T09:31:40","date_gmt":"2026-06-08T09:31:40","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2026\/06\/08\/oil-prices-spike-as-israel-and-iran-exchange-fire\/"},"modified":"2026-06-08T09:31:40","modified_gmt":"2026-06-08T09:31:40","slug":"oil-prices-spike-as-israel-and-iran-exchange-fire","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2026\/06\/08\/oil-prices-spike-as-israel-and-iran-exchange-fire\/","title":{"rendered":"Oil Prices Spike As Israel And Iran Exchange Fire"},"content":{"rendered":"<p> \n<\/p>\n<div id=\"divBody\">\n<div id=\"ctl00_CPI_dvBody\">\n<p> Oil prices jumped more than 4 percent on Monday, rebounding from a two-session decline after Iran and Israel exchanged missile strikes, derailing U.S. President Donald Trump&#8217;s efforts to secure a peace deal.<\/p>\n<p>Brent crude futures for August delivery were up 4.4 percent at $97.16 a barrel, while WTI crude futures for July delivery jumped 4.3 percent to $94.44.<\/p>\n<p class=\"fade-paragraph\">Middle East peace hopes faded after Israel struck Hezbollah targets in Beirut&#8217;s southern suburbs over the weekend and Iran retaliated by launching a volley of missile strikes against Israel.<\/p>\n<div class=\"paywall-wrapper\">\n<p><i class=\"bi bi-lock-fill\"\/> Subscribe to continue reading the article.<\/p>\n<p>This article is available exclusively to RTT Biotech Investor and Intelligent Investor subscribers. Subscribe with a RTTNews subscription.<\/p>\n<p>Start Free Trial<\/p>\n<p>FREE 7-Day Trial &#8211; No Payment Required<\/p>\n<\/div>\n<\/div><\/div>\n<p><script type=\"text\/javascript\">\n        window.fbAsyncInit = function () {\n            FB.init({\n                status: true,\n                cookie: true,\n                xfbml: true\n            });\n        };\n        (function (d) {\n            var js, id = 'facebook-jssdk'; if (d.getElementById(id)) { return; }\n            js = d.createElement('script'); js.id = id; js.async = true;\n            js.src = \"https:\/\/connect.facebook.net\/en_US\/all.js\";\n            d.getElementsByTagName('head')[0].appendChild(js);\n        }(document));\n    <\/script><br \/>\n<br \/>\n<br \/>Oil Prices Spike As Israel And Iran Exchange Fire<\/a><br \/>\n<br \/>2026-06-08 09:31:40<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Oil prices jumped more than 4 percent on Monday, rebounding from a two-session decline after Iran and Israel exchanged missile strikes, derailing U.S. President Donald Trump&#8217;s efforts to secure a&#8230;<\/p>\n","protected":false},"author":2,"featured_media":74358,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[28],"tags":[],"class_list":["post-74357","post","type-post","status-publish","format-standard","has-post-thumbnail","category-us-markets"],"_links":{"self":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/74357","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/comments?post=74357"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/74357\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/74358"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=74357"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=74357"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=74357"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}