Oil prices surge after Israel’s attack on Iran. Trump urges Iran to ‘make a deal before there is nothing left’

fortune.com/2025/06/13/oil-prices-surge-israel-attack-iran-trump-inflation

JPMorgan fears crude oil could hit a high of $130 a barrel, causing U.S. inflation to return to 5% in a worst case scenario. President Trump urged Iran to strike a deal before further attacks by Israel, but tensions are likely to remain high as Israeli leaders across the political…

This story appeared on fortune.com, 2025-06-13 12:22:50.
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