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Oct 4, 2024 · Analysts at the consulting agency ClearView Energy estimated that solely destroying Iran’s oil output would cause the international crude prices to rise to as high as $86 per barrel, a...
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 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
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 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 3, 2024 · Iranian oil exports have climbed this year to near multi-year highs of 1.7 million bpd despite US sanctions. Chinese refiners buy most of its supply.
2 days ago · 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 weighed on prices. Brent ...