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Oil rises and US stock futures slide as markets react to US strike on Iran nuclear sites

Oil rises and US stock futures slide as markets react to US strike on Iran nuclear sites

Jun 23, 2025

NEW YORK (AP) — The price of oil rose and U.S. stock futures fell as global markets react to the U.S. strike against nuclear targets in Iran.

The price of Brent crude oil, the international standard, rose 3.9% to $80 a barrel. U.S. crude rose 4.3% to $77 a barrel.

Futures for the S&P 500 fell 0.6%. Treasury yields fell slightly.

On Saturday, U.S. forces attacked three Iranian nuclear and military sites, further increasing the stakes in the war between Israel and Iran.