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Oil prices could surge from a current level of about $73 per barrel up to $120 per barrel if the Israel-Iran conflict damages Iranian oil infrastructure or impedes the passage of some oil tankers in ...
Stocks edged higher as rising tensions in the Middle East fueled concerns of disruption in the Strait of Hormuz, through which roughly one-fifth of the world's petroleum is ferried. Meanwhile, ...
Geopolitical shocks continue to impact the oil market as prices spike in response to the Israel-Iran conflict. With the US ...
This surge reflects the market's concerns regarding the disruption of oil supplies from the Persian Gulf region. The Strait ...
Petroleum futures were down late Wednesday morning, despite a bullish government report that showed a large drop in crude oil stocks and higher gasoline and distillate demand in the week ended Friday.
Oil prices extend losses in volatile trade on Wednesday as investors closely monitor developments in the Middle East. President Trump left open the possibility of a strike against Iran’s nuclear ...
Oil futures have risen roughly 8% since the start of the Israel-Iran war. Analysts predict prices could go higher if Iran is ...
This chart shows the volume of crude oil and petroleum liquids transported through world chokepoints in 2023 (in million ...
Bangladesh is likely to face disruptions in fuel imports, as the ongoing Iran-Israel conflict may affect the routes through ...
Tensions in West Asia raise concerns over oil markets as Iran-Israel clashes threaten Strait of Hormuz closure.
Attacks between Israel and Iran have intensified, targeting even Iran's oil depot, resulting in a 13 percent increase in oil ...
"Prices have rallied around 10% since Israel started its attack on Iran last week and are now close to a five-month high after US President Trump met with his national security team on Tuesday to ...