Traders on Friday exchanged the most $80 West Texas Intermediate (WTI) crude oil call options since January, expecting more upside to prices after Israeli airstrikes on Iran sparked fears of a wider Middle East conflict.

Helima Croft, RBC, joins 'Closing Bell Overtime' to talk the state of the crude oil market amid rising tensions in the Middle East.

French President Emmanuel Macron says a top-level U.N. conference on a two-state solution for Israel and the Palestinians scheduled for next week has been postponed.

Platinum fell by the most in more than three years as market tightness began to ease and conflict in the Middle East prompted global investors to reduce risk.

What Happened in Markets Today Israel launched a broad air campaign against Iran, targeting its nuclear capabilities and military/political leadership. Markets were rattled after Israel said it had detected dozens of missiles launched from Iran and was working to intercept them.

CNN’s Chief International Anchor Christiane Amanpour reacted to Israel’s unprecedented attack on Iran overnight, saying she did not imagine a scenario in which Iran would be able to fight back with as much strength as Israel has behind it.

Unrest spreads throughout the world ahead of Trump’s military parade. It’s Friday the 13th, and tensions are rising at home and abroad – a fitting backdrop as powder kegs keep detonating across the map.

George P. Bush and panel discuss President Donald Trump’s decision to keep the National Guard in California, anti-Israel protestors and more on ‘Outnumbered.’

David Zervos, Jefferies Chief market strategist, joins 'Fast Money' to talk what's ahead for the markets as geopolitical tensions rise.