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As Israel attacks Iran, Sensex opens 1,000 points down, oil prices surge
As Israel carried out widespread attacks inside Iran, Sensex opened more than 1,000 points down and crude oil prices surged by as much as 12% read more
This handout photo released by Iran's Revolutionary Guard Corps' (IRGC) official Sepah News Telegram channel on June 13, 2025 shows smoke billowing from a site reportedly targeted by an Israeli strike in the Iranian capital Tehran early in the morning.
As Isreal attacked Iran, Sensex opened 1,000 points lower on Friday.
Israel carried out widespread attacks inside Iran in the early hours on Friday and targeted the country's nuclear sites and the military-industrial complex. The airstrikes also targeted of top military officials in what appear to be targeted assassinations.
With prospects of conflict widening in West Asia, Sensex opened 1,094.26 points down at 80,597.72 and the Nifty opened 332.40 points down at 24,555.80.
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Crude prices also rose by up to 12 per cent following Israeli airstrikes in Iran.
Global prices surged by as much as 12 per cent, with Brent crude's futures surging 12.86 per cent to $78.31 and West Texas Intermediate crude's futures surging 10.95 per cent to $75.49.
In the Indian markets, 412 shares advanced, 1963 shares declined, and 104 shares remained unchanged, according to Moneycontrol.
L&T, Shriram Finance, SBI Life Insurance, Tata Motors, and Bajaj Finserv were among major losers on the Nifty and ONGC was the only gainer.
US markets were also down after Israeli strikes, with futures attached to the Dow Jones falling by 1.5 per cent, S&P 500 futures falling by 1.6 per cent, and Nasdaq 100 futures falling 1.7 per cent.
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Hans India
23 minutes ago
- Hans India
Haifa port in Israel operating normally despite Iran attack
There has been no damage to Israel's Haifa port in the Iranian ballistic missile attack on an oil refinery nearby and cargo operations are progressing unhindered, according to media reports. Despite strikes targeting the Haifa oil refinery and surrounding areas, the port itself is operating normally, with cargo operations continuing unhampered, reports confirmed. There are eight ships at the port now and cargo operations were being carried out normally, according to the reports. Late on Saturday night, Iran targeted Israel's Haifa port and a nearby oil refinery in retaliation to Tel Avi's attack on Iranian nuclear sites and missile factories and military command centres. Top military commanders and nuclear scientists were killed in the attacks launched by air. Shrapnel fell in the chemical terminal at the port and some other projectiles fell at the oil refinery but there is no damage to the port facilities. The refinery is reported to be at some distance from the port facilties. Haifa Port is a major international seaport located in northern Israel, a relatively less volatile region compared to the south. It is an important port for Israel both for imports and exports of the country. A major escalation unfolded as Iran reportedly launched a fresh barrage of ballistic missiles at Israel for the second consecutive night, with Iranian state media claiming a direct hit on the Haifa oil refinery, sparking a large fire near the northern port city. Official Israeli confirmation of a refinery strike remains pending. The missile assault reportedly struck a residential building in Tamra near Haifa, killing three and injuring at least 14 others. Israel and Iran launched fresh attacks on each other overnight into Sunday, killing scores, as US President Donald Trump said the conflict could be ended easily while warning Tehran not to strike any US targets. Israeli rescue teams combed through the rubble of residential buildings destroyed in strikes, using flashlights and sniffer dogs to look for survivors after at least 10 people, including children, were killed, authorities said. Iran has said at least 138 people have been killed in Israel's onslaught since Friday. The Israeli military warned Iranians living near weapons facilities to evacuate. US President Donald Trump has said that Washington is not involved in the attacks in Iran. However, Tehran has alleged a US hand in the Israeli offensive and has called off the nuclear talks which were scheduled to take place in Oman on Sunday. Trump has warned Tehran against any retaliatory attacks on US facilities or interests. "If we are attacked in any way, shape or form by Iran, the full strength and might of the US Armed Forces will come down on you at levels never seen before," Trump wrote on Truth Social. "However, we can easily get a deal done between Iran and Israel, and end this bloody conflict," he added
Hans India
24 minutes ago
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Iran confirms deaths of 8 more senior commanders in Israeli attacks
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Time of India
27 minutes ago
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'Just like I got India and Pakistan to make a deal': Trump claims he can end Israel-Iran conflict too
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