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Israel-Iran conflict sparks oil price surge - MSNIsrael launched a series of airstrikes on Iran, causing significant turmoil in financial markets and driving energy prices higher. The Dow Jones Industrial Average fell 769.83 points, or 1.79%, to ...
A U.K. professor says Saturday's attack could lead to increased oil prices. President Donald Trump criticized both Israel and Iran on Tuesday for reportedly violating a cease-fire deal. The deal ...
Shell’s chief said it took a “prudent” approach to trading wild oil price swings triggered by geopolitical upheaval including the war between Israel and Iran, in contrast to rivals that capitalised on ...
The specifics of the attack suggested to some analysts that it might be a sign Iran wants to de-escalate the conflict, and the price of a benchmark barrel of oil in the U.S. fell 5.1% to $70.06.
Oil prices could soar into the triple-digits in the worst-case scenario, JPMorgan analysts said. The bank sees crude trading as high as $130 a barrel in the event of supply disruptions.
Brent crude, the international benchmark for oil prices, fell to $68 a barrel, which is below the level it was at when Israel launched missiles against Iran's nuclear sites on 13 June.
Yields and prices move in opposite directions, meaning prices are higher. —Lee Ying Shan Oil prices surge 9% on heels of Israeli strikes, set for largest single-day gains in about five years ...
Oil prices sank 3.5 percent Tuesday after Israel said it had agreed to US President Donald Trump’s proposal for a bilateral ceasefire with Iran.
The Iran-Israel war did not spike in American energy prices, and the seeming end to the war indicates that there is unlikely to be one, energy sector experts told the Daily Caller News Foundation.
According to AAA, a gallon of regular gasoline cost $2.927 on average in South Carolina on Wednesday, up $0.066 from $2.861 a week earlier. Prices are also up $0.158 from $2.769 a gallon a month ago.
NEW YORK -- U.S. stocks rallied and the price of oil tumbled Monday in hopes that Iran will not disrupt the global flow of crude, something that would hurt economies worldwide but also its own ...
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