Country ETFs to Gain/Lose on Oil Price Rebound
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jun 13 2025
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Source: NASDAQ.COM
Israel's Attack on Iran: Israel conducted a surprise "preemptive strike" against Iran, claiming it was necessary to counter Iran's nuclear weapons program, leading to explosions in Tehran and heightened tensions in the region.
Market Impact and ETF Insights: The attack caused a surge in crude oil prices by about 5%, affecting global commodity markets, with potential implications for various country-based exchange-traded funds (ETFs) related to oil production and economic dependency on oil imports.
Analyst Views on TUR
Wall Street analysts forecast TUR stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for TUR is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
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Current: 39.080
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Current: 39.080
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
