The Iran-Israel missile exchange has caused a sharp spike in oil prices, with Brent crude increasing by 5.2% to $82 per barrel. Analysts attribute the surge to fears of a prolonged conflict disrupting supply routes from the Middle East. The attack also raises concerns about Iran's potential to target energy infrastructure, further complicating the already tense situation. Meanwhile, Israel's military has vowed to counter any further threats, while the U.S. has urged both sides to de-escalate. The economic fallout could ripple through global markets, particularly in Europe and Asia.


