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Oil Prices Drop, but Iran-Israel Conflict Raises Many Risks
The initial round of Israeli attacks sent oil prices 7 percent higher on Friday. Still, at about $74 a barrel, Brent crude remains below the $80 average for 2024, the Deutsche Bank analysts wrote. The market continued to waver, though, and by Monday, oil prices had fallen about 3 percent.
As Iran and Israel trade strikes targeting nuclear facilities and energy sites, an oil expert says crude prices could rally ...
There are reports that a few shipping lines may be reassessing routes, particularly the choke point of the Strait of Hormuz, ...
Asian shares were mixed and oil prices advanced Wednesday after the escalation of conflict in the Middle East hit Wall Street.
Investors are regaining some appetite for risk amid rising optimism that the conflict won't spill over into a broader ...
Turkey expects there to be no issues with oil and gas supply for its domestic demand amid the conflict between Israel and ...
If oil supplies are disrupted, U.S. President Donald Trump will likely call on the OPEC+ alliance led by Saudi Arabia to tap ...
Israel unleashed airstrikes across Iran for a third day Sunday (June 15) and threatened even greater force as some Iranian ...
Explosions heard in Tehran after Netanyahu warns it will pay ‘heavy price’ for strikes - Explosions heard in Tel Aviv and ...
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