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  1. Oct 4, 2024 · The risk of an escalating war between Israel and Iran is testing the global market’s faith that crude oil prices would be insulated from a widening of hostilities across the Middle East.

  2. Apr 15, 2024 · London CNN — Iran’s unprecedented attack on Israel over the weekend has ratcheted up tensions in the oil-rich Middle East yet again, threatening to send fuel prices skyward if the conflict...

  3. Oct 2, 2024 · An escalation of fighting between Israel and Iran could cause oil prices to spike and send a chill through the global economy.

    • Andrew Ross Sorkin
  4. Oct 9, 2024 · Iran's economy is heavily dependent on oil exports but a strike on energy facilities could have triggered a spike in global oil prices ahead of the U.S. election, where inflation is a key...

  5. Oct 3, 2024 · Global crude oil prices rose by more than 4% on Wednesday, surging after President Biden told reporters he was “discussing” the question of whether the U.S. would support an Israeli attack on...

    • Camila Domonoske
  6. Oct 3, 2024 · Thummel said a prolonged disruption, such as a closure of the strait that temporarily reduces global oil supply by 20%, would cause oil prices to "temporarily spike" - potentially over $100 a...

  7. 2 days ago · Investors focus US election. NEW YORK, Nov 1 (Reuters) - Oil prices edged up on Friday on reports Iran was preparing a retaliatory strike on Israel from Iraq in coming days, but record U.S. output ...

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