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What an Israel-Iran war means for oil prices
That scenario now appears alarmingly close. On the evening of June 12th, Israel launched dozens of air strikes on Iranian military and nuclear sites. The attack threatens to inflame the Gulf, which pumps a third of the world’s oil. Brent crude, the global benchmark, rose by 8% on June 13th, to $74 a barrel (see chart). How high might it now go?
Analysts warned that crude oil prices could hit $100 a barrel mark if the conflict extends. An end to the war can cool off ...
The boss of Shell has warned that oil tankers are having their signals jammed when they pass through the Strait of Hormuz as ...
F OR THE past two years, the Middle East has been an even more tense place than usual. Houthis bombed commercial vessels; ...
Oil prices rallied on Tuesday (Jun 17) after Donald Trump urged Tehran residents to evacuate, stoking fresh fears of all-out ...
Concerns remain over potential closing of the Strait of Hormuz; continued escalation could hit crude oil, global trade ...
ABP News on MSN1d
Rupee Dips On Israel-Iran War, Brent Crude Spike, And FII SelloffWeak sentiments in the domestic equity markets and FII outflows put further pressure on the rupee, according to forex traders ...
In a series of posts on social media, he went on to demand an 'unconditional surrender', as Iran and Israel fire missiles for ...
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