Brent crude oil prices have spiked significantly, rapidly crossing the $114 mark. Iranian state-aligned media explicitly attributes the market volatility to Iran's retaliation against US and Israeli strikes on the South Pars gas field.
Global oil markets are experiencing severe volatility, with Iranian media reporting rapid, ongoing price hikes. Three regional Iranian news channels—Tehran Today, East Azerbaijan Today, and Kurdistan Today—identically reported that the oil price increase has become minute-by-minute, resulting in Brent crude passing the $114 mark.
The official Telegram channel of the Islamic Revolutionary Guard Corps, Sepah Pasdaran, recorded an early-day trading price of $111.07 per barrel. According to the IRGC-affiliated channel, this represented a $3.69 or 3.44% jump in Brent crude prices during Thursday's global trading.
Sepah Pasdaran explicitly attributed the sudden global market jump to Iran's response to the American-Zionist aggression against the South Pars gas field. This immediate economic fallout is tied to the massive military escalation earlier this week, which saw extensive US and Israeli airstrikes on Iranian energy and military infrastructure, followed by widespread Iranian retaliatory strikes against targets across the Middle East.
All four source messages focus on the immediate spike in oil prices. The regional channels ran identical copy about Brent crude crossing $114, suggesting coordinated syndication. The IRGC-affiliated channel provided a lower early-day price point but distinctly linked the market movement to the ongoing military conflict, specifically introducing a claim about an attack on the South Pars gas field. Translation fidelity rules were followed by keeping 'American-Zionist aggression' without quotation marks to preserve the original posture.