{"id":259132,"date":"2026-06-08T13:06:18","date_gmt":"2026-06-08T13:06:18","guid":{"rendered":"https:\/\/www.newsbeep.com\/us-ny\/259132\/"},"modified":"2026-06-08T13:06:18","modified_gmt":"2026-06-08T13:06:18","slug":"oil-jumps-after-hostilities-between-iran-and-israel-escalate","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us-ny\/259132\/","title":{"rendered":"Oil Jumps After Hostilities Between Iran and Israel Escalate"},"content":{"rendered":"<p class=\"css-ac37hb evys1bk0\">Oil prices jumped on Monday after Iran and Israel <a class=\"css-yywogo\" href=\"https:\/\/www.nytimes.com\/live\/2026\/06\/08\/world\/iran-israel-lebanon-attacks\/heres-the-latest?\" title=\"\" rel=\"nofollow noopener\" target=\"_blank\">exchanged strikes<\/a>, casting fresh doubt on the future of a fragile cease-fire in the Middle East and stoking fears of an escalation in violence.<\/p>\n<p class=\"css-ac37hb evys1bk0\">The strikes came after Israel attacked the outskirts of Beirut, targeting Hezbollah, the Iranian-backed militant group. Iran retaliated by firing a barrage of ballistic missiles, which prompted a counterattack from Israel. The attack and counterattack are the first such hostilities since a cease-fire paused the war with Iran two months ago.<\/p>\n<p class=\"css-ac37hb evys1bk0\">President Trump said on Monday that Israel and Iran should \u201cimmediately stop\u201d the strikes and suggested that a more enduring peace deal was in the works. The rise in oil prices moderated somewhat during a lull in the fighting.<\/p>\n","protected":false},"excerpt":{"rendered":"Oil prices jumped on Monday after Iran and Israel exchanged strikes, casting fresh doubt on the future of&hellip;\n","protected":false},"author":2,"featured_media":259133,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[39],"tags":[5292,14670,9,24,63,5007,5291,61873,134,136,135,1724],"class_list":["post-259132","post","type-post","status-publish","format-standard","has-post-thumbnail","category-staten-island","tag-fees-and-rates","tag-iran","tag-new-york","tag-new-york-city","tag-nyc","tag-oil-petroleum-and-gasoline","tag-prices-fares","tag-standard-poors-500-stock-index","tag-staten-island","tag-staten-island-headlines","tag-staten-island-news","tag-stocks-and-bonds"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/posts\/259132","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/comments?post=259132"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/posts\/259132\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/media\/259133"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/media?parent=259132"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/categories?post=259132"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/tags?post=259132"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}