Global oil markets reacted sharply to reports of Iran's attacks on energy infrastructure in the Middle East, sending crude prices higher and spiking volatility. U.S. President Trump issued a stern warning of a major retaliation if Tehran continues targeting regional energy assets.
- Oil prices surged following Iran attacks on Middle East energy facilities.
- CL=F futures rose in response to supply disruption fears.
- The VIX index increased, indicating higher market volatility.
- XLE, the energy sector ETF, saw elevated trading volatility.
- U.S. President Trump warned of a 'devastating response' to continued attacks.
- Attacks targeted oil and gas production infrastructure in the Middle East.
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