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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.
Critical energy infrastructure in Israel and Iran has not escaped unscathed from the first few days of the countries' ...
So far, the conflict between Israel and Iran hasn’t caused oil prices to spike too high, but economists are watching.
US and Brent crude prices jumped on fears of supply disruption from the Middle East as Iran has repeatedly threatened to ...
The dramatic escalation in tensions between Israel and Iran caused a spike in the price of crude and raised fears among oil ...
Salem predicts that this attack may push Iran to make a deal with the U.S, "the outlines of which might be that Iran accepts ...
Concerns remain over potential closing of the Strait of Hormuz; continued escalation could hit crude oil, global trade ...
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