On the night of June 22, the US conducted airstrikes on three nuclear facilities located in Iran, specifically in Fordow, Natanz, and Isfahan. President Donald Trump stated that these strikes were aimed at completely eliminating the potential nuclear threat from Iran. According to him, the facilities were “completely and irreversibly destroyed.”
This is reported by Finway
“There will either be peace or tragedy for Iran. If peace does not come quickly, we will pursue other targets. Most of them can be destroyed in a matter of minutes,” Trump said.
US Uses Advanced Bunker-Buster Bombs
For the first time, high-tech GBU-57A/B Massive Ordnance Penetrator (MOP) bunker-buster bombs were used in the attacks on Iranian nuclear facilities. The use of these munitions allowed for the destruction of targets that were considered extremely difficult to hit.
Expectations for Oil Prices and Impact on Russia
The markets have not yet had a chance to react to the events due to the weekend, but experts predict a significant rise in oil prices. The biggest risk for the global market is the possibility of the Strait of Hormuz being closed, through which approximately 20% of the world’s oil is transported. In such a scenario, the price of oil could rapidly rise to $90 per barrel, and in the event of a strong response from Iran, up to $100. Some specialists also anticipate an increase in price to $80 per barrel, but do not rule out market stabilization in the long term.
As for Russian Urals oil, it has recently been selling above the price cap set by the G7 countries, which is $60 per barrel. However, even with a potential rise in global prices, Russia will not receive the expected financial gain due to the strengthening of the ruble: export revenues could decrease by 30% when converted to the national currency.