On June 13, 2025, global financial markets experienced significant volatility following Israel's airstrikes on Iranian nuclear and military facilities.

Brent crude oil prices surged by over 9%, reaching $75.55 per barrel, driven by concerns over potential disruptions to oil supplies, particularly through the Strait of Hormuz, a critical passage for global oil shipments.

Concurrently, gold prices approached record highs as investors sought safe-haven assets, and the U.S. dollar index rose by 0.4%.

Equity markets worldwide declined sharply; European indices fell by approximately 1.1%, while S&P 500 futures dropped 1.3%.

Airline and travel stocks were notably impacted, with British Airways' parent company, IAG, and easyJet shares falling by 7.1% and 5.6%, respectively.

Analysts warned of a potential 'stagflationary shock' due to rising fuel costs amid already fragile global economic conditions.

J.P. Morgan projected that, should the conflict escalate further, crude oil prices could rise to $120 per barrel.

The situation remains fluid, with markets closely monitoring potential retaliatory actions by Iran and the broader implications for regional stability and global economic growth.