Oil prices jump amid new Iranian attacks on Israel

Oil prices jumped and U.S. stock futures fell, reacting to new attacks by Iran on Israel and Israel on Lebanon - actions that threaten a Middle East cease-fire that has been in place since mid-April, MarketWatch and CNBC reported.

In particular, August contracts for Mark Brent oil at the beginning of trading on June 8 rose by 3.6% against the previous close, to $96.47 per barrel, and futures for U.S. WTI oil at the maximum jumped by 3.7%, to $93.9 per barrel. At the time of publication, oil quotations slowed down slightly: Brent is up 2.64%, trading at $95.5; WTI - adding 2.4%, to $92.7.

U.S. stock futures, meanwhile, fell. Contracts on the S&P 500 have lost 0.2% (they were falling by 0.4% at their low on the evening of June 7 Eastern Time, CNBC reports), the technology Nasdaq 100 are down 0.14% (they have also slowed their decline - they were down 0.6%), while futures on the Dow Jones blue-chip index are falling by 0.2%. Last week, June 5, all major U.S. stock indices closed near their intraday lows, the channel recalls, - the Nasdaq Composite at the same time collapsed by more than 4%, recording the largest decline for the day since April 2025.

The night before, the Israeli military said Iran had sent several ballistic missiles toward Israel, the first such attack since a cease-fire in the Middle East went into effect on April 16. The strike followed Israeli shelling of Iranian-backed Hezbollah positions in the Lebanese capital's Beirut suburb on Sunday. The attack was linked by the Israeli military to Hezbollah's shelling of northern Israel. US President Donald Trump called on Iran to "come back to the negotiating table and make a deal" after the incident. He also held phone talks with Israeli Prime Minister Benjamin Netanyahu, according to Reuters' Israeli interlocutor. Before they began, an Axios correspondent reported that Trump wants to persuade the Israeli prime minister to refuse to retaliate against Iran. Times of Israel notes that the U.S. president fears that retaliatory strikes by the Israeli military could derail the U.S. negotiations with Iran, which Trump said were "very close" to being finalized.

This article was AI-translated and verified by a human editor