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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.
Apr 15, 2024 · 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 escalates and...
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
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...
Oct 3, 2024 · Crude oil prices have risen as Iran and Israel trade attacks, but not as much as you might expect. One reason? OPEC+ could pump a lot more oil if it wanted to.
- Camila Domonoske
Aug 5, 2024 · Rising tensions between Israel and Iran are threatening to disrupt oil supply chains and could send oil prices soaring. The World Bank has already outlined just how high oil prices...
Oct 8, 2024 · Last week’s Iranian missile attacks—and muddled White House comments on potential Israeli strikes on Iranian oil infrastructure—produced the sharpest oil price rise in two years. Yet even in this febrile environment, the market is not panicking. Three factors help explain why.