"Iran's Attack on Israel Sparks Predictions of Oil Price Surge"

Oil prices are expected to rise following Iran's attack on Israel, with concerns about potential escalation pushing prices to a six-month high. The attack, which saw over 300 drones and missiles launched from Iran, was repelled by Israel with assistance from the U.S., France, Jordan, and the United Kingdom. The Group of Seven condemned the attack and discussed potential sanctions against Iran. The extent of the price increase will depend on potential disruptions to oil supply from the region and the situation in the Strait of Hormuz, a critical chokepoint for global oil consumption.