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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 · 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...
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 issue.
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
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 ...
Oct 3, 2024 · Oil prices could roar past $200 a barrel if escalating tensions in the Middle East decimate Iran's crude output, a chief commodities analyst told CNBC. SEB's Bjarne Schieldrop noted that that...
Oct 7, 2024 · Some scenarios are seen as highly unlikely, yet still conceivable: An Israeli strike on Iranian oil installations might prompt Iran to target refineries in Saudi Arabia or the United Arab...
