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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 Prices Rise as Israel-Iran Conflict Heightens Fears of Supply Disruptions
TOKYO (Reuters) -Oil prices jumped in early Asian trade on Monday after Israel and Iran launched fresh attacks on Sunday, heightening fears that escalating battle could trigger a broader regional conflict and widely disrupt oil exports from the Middle East.
As Israel and Iran exchanged more attacks, stock markets mostly rose even as worries remained about possible oil supply ...
This latest iteration of the Middle East crisis is both familiar and unfamiliar. We’re all back obsessing about the oil price ...
U.S. stock index futures rose on Monday as easing oil prices supported sentiment despite ongoing attacks between Israel and ...
With the exception of Russia’s invasion of Ukraine, big swings in oil have been driven by broader geoeconomic trends ...
ConocoPhillips is poised for growth amid rising oil prices with strong Q1 earnings and potential outperformance of major ...
Oil prices leaped, and stocks slumped on worries that escalating violence following Israel’s attack on Iranian nuclear and ...
Although the U.S. is a net oil exporter, higher oil prices could increase inflation and lower economic growth.
I avoid long-term oil investments due to unpredictable price swings, but high implied volatility now creates an opportunity ...
NEW YORK (AP) — Some calm is returning to Wall Street, and U.S. stocks are rising on Monday, while oil prices are giving back ...
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