Storyline: International oil prices surged on Wednesday amid market concerns over potential disruptions in global crude oil supply and regional tension triggered by Israel's threat to target Iran's nuclear facilities. U.S. media reported on Tuesday that Israel is preparing to strike Iran's nuclear facilities. According to multiple media sources, the news has raised concerns about oil supply and intensification of regional conflicts, dramatically driving up international oil prices on Wednesday, with the New York crude oil future price rising by more than 3 percent at one point. According to a Reuters report, as of 03:30 GMT on Wednesday, the price of light crude oil futures for July delivery on the New York Mercantile Exchange rose by 96 cents, an increase of 1.6 percent, while Brent crude oil futures for July delivery rose by 97 cents, an increase of 1.5 percent. Iran is the third-largest oil producer in the Organization of the Petroleum Exporting Countries (OPEC), and Israel's strike could disrupt oil supplies from Iran, according to reports. Iran may also take retaliatory actions by blocking the Strait of Hormuz, which is expected to affect oil exports from multiple countries. Shotlist: FILE: Isfahan, Iran - Nov 9, 2023: 1. Various of oil refining facilities, workers FILE: Iran - Sept 6, 2023: 2. Various of offshore gas platform at South Pars field, gas burning, facilities FILE: Tehran, Iran - Date Unknown: 3. Various of national flags of Iran, traffic. [Restrictions : No access Chinese mainland/Al-Arabiya/Persian language TV Stations outside Iran. Strictly No Access BBC Persian/VOA Persian/Manoto TV/Iran International TV]