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Oil prices leap 7% and US stocks slump more than 1% on worries about the crude market
Oil prices leaped, and stocks slumped on worries that escalating violence following Israel’s attack on Iranian nuclear and ...
The Business Times1h
Oil market, long numb to war risk, confronts weekend of worry
The past two years of escalating tensions in the Middle East have taught oil traders to be sanguine about the risk of disruption to oil supplies. Read more at The Business Times.
This crucial corner of the energy market is at high risk from an all-out war between Israel and Iran — and it’s not oil
An all-out war between Israel and Iran would pose a serious threat to eastern Mediterranean natural-gas fields — and risk ...
Markets on war footing as oil spike threatens ASX rally
The local sharemarket is set to follow Wall Street lower on Monday as investors brace for wild swings in oil prices amid ...
RBC's Helima Croft talks state of crude oil markets amid escalating Middle East conflicts
Helima Croft, RBC, joins 'Closing Bell Overtime' to talk the state of the crude oil market amid rising tensions in the Middle ...
What’s Fueling Oil Prices? Geopolitics, Not Growth
Rather, it is geopolitical factors—specifically, escalating tensions in the Middle East—that are unsettling markets and ...
Saudi Arabia Is Grabbing Oil-Market Share, but It Can Open the Tap Only So Far
Riyadh wants to squeeze U.S. frackers, although an all-out price war would be costly.
Oil Outlook in Flux as Analysts Revise Views After Israel Strike
Israel’s strike on Iran has injected a fresh bout of geopolitical risk into an oil market that has been in the doldrums due to concerns about the global economy and supply increases from OPEC+.