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Oil Prices Drop, but Iran-Israel Conflict Raises Many Risks
The initial round of Israeli attacks sent oil prices 7 percent higher on Friday. Still, at about $74 a barrel, Brent crude remains below the $80 average for 2024, the Deutsche Bank analysts wrote. The market continued to waver, though, and by Monday, oil prices had fallen about 3 percent.
Oil Approaching Levels Seen Before the Israel-Iran Conflict Began
The price of oil has taken a big step down after a report that Iran is seeking an end to the conflict with Israel. Iran has been urgently signaling that it seeks an end to hostilities and resumption of talks over its nuclear programs if the U.
Oil prices are surging again. Over the past few weeks, crude has jumped more than 10% on the back of intensifying Middle East ...
Importantly, this shift in positioning occurred before last Friday’s dramatic escalation in the Middle East, when Israel ...
As Israel and Iran exchanged more attacks, stock markets mostly rose even as worries remained about possible oil supply ...
NEW YORK (AP) — Some calm is returning to Wall Street, and U.S. stocks are rising on Monday, while oil prices are giving back ...
This latest iteration of the Middle East crisis is both familiar and unfamiliar. We’re all back obsessing about the oil price ...
The Environmental Protection Agency has told staff overseeing the country’s industrialized Midwest– a region plagued by a ...
Three people were killed in a missile strike at Israel's largest oil refinery, a day after the facility came under [a barrage ...
Norwegian workers employed on offshore drilling rigs will go on strike on June 21 if annual wage talks with employers fail, ...
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