Oil prices jump as Iran launches ballistic missile attack on US base in Jordan

Brent crude oil prices jumped early Wednesday as Iran launched a ballistic missile attack on a U.S. base in Jordan, The Zioneer reports. The attack is the first direct Iranian missile strike on American forces since President Trump suspended strikes on Friday.

Brent crude oil prices jumped early Wednesday as Iran launched a ballistic missile attack on a U.S. base in Jordan, The Zioneer reports. The attack is the first direct Iranian missile strike on American forces since President Trump suspended strikes on Friday. Oil markets have been highly sensitive to US-Iran tensions, with previous price surges recorded by The Zioneer following US strikes on Iranian targets. The Zioneer is monitoring the situation for further updates.

5 developments

1. 1 hour ago · 04:37 · 29 JulLatest

   IRGC officially claims responsibility for the missile strike on Jordan base.

2. 04:13 · 29 Jul

   Reports confirm ballistic missile strikes occurred at 01:21 Jerusalem time.

3. 02:23 · 29 Jul

   Pro-Iranian channel claims 3-6 missiles launched with two impacts in Jordan.

• Developing10:56 · 18 JulIRGC claims it fired at Al Azraq air base in Jordan
• Strong11:14 · 17 JulIRGC claims it struck US fighter jets in Jordan
• Strong11:46 · 14 JulIRGC calls on Jordanians to expel US forces, claims ballistic missile strike on airbase
• Strong20:47 · 9 JulIRGC confirms missile strikes targeting Jordan, threatens escalation

Source and signal

• Open-source intake