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      • The World Bank said at the end of October that a ‘large disruption’ in the global supply of crude oil – which it equated to between 6 and 8 million barrels per day (bpd) – would result in a 56-75 percent increase in prices to between $140 and $157 a barrel.
      oilprice.com/Geopolitics/Middle-East/A-Houthi-Retaliation-Could-Send-Oil-Prices-Soaring.html

      A Houthi Retaliation Could Send Oil Prices Soaring

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  3. finance.yahoo.com › news › oil-prices-plunge-most-2Oil prices plunge most in 2 years after Israel's strike on ...

    4 days ago · Iran's oil production is crucial; a strike on facilities would have likely sent global prices soaring. Oil prices plunged on Monday, dropping more than 6% in the steepest intra-day decline since ...

  4. www.politico.com › news › 2024/10/03Israel could bomb Iran’s oil. Energy markets are noting it ...

    Oct 4, 2024 · President Joe Biden’s remarks about a possible Israeli strike on Iran’s oil facilities caused a jolt Thursday. But the world’s oil supply has new ways to get around.

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  6. www.npr.org › israel-iran-conflict-oil-price-risksCrude oil prices increase as Mideast tension rise, but ...

    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

  7. foreignpolicy.com › 2024/10/03 › oil-markets-israelOil Markets React to Possible Israeli Strikes on Iranian Oil ...

    Oct 3, 2024 · ClearView Energy Partners, an energy research consultancy, estimated that such a strike could send crude prices into the mid-$80s per barrel. A less ambitious Israeli strike could target Iran’s...

  8. www.nytimes.com › 2024/10/07 › businessOil Prices Rise as Mideast Crisis Intensifies - The New York ...

    Oct 7, 2024 · Oct. 7, 2024. As the world absorbs the prospect of an escalating conflict in the Middle East, the potential economic fallout is sowing increasing alarm. The worst fears center on a broadly...

  9. theconversation.com › oil-prices-set-to-rise-asOil prices set to rise as Middle East tensions worsen, adding to

    Oct 2, 2024 · While recent events could spark a reduction in global oil supply, putting upward pressure on the price, other factors, such as weak oil demand due to slowing state of the global economy,...

  10. www.morningstar.com › news › marketwatchIsraeli strikes on Iran's 'oil island' could send crude ...

    Oct 3, 2024 · If Israel strikes Iranian oil-export facilities or refineries, Simon Wong, a research analyst at Gabelli Funds, told MarketWatch that oil prices would like move higher as a "knee-jerk...