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What an Israel-Iran war means for oil prices
That scenario now appears alarmingly close. On the evening of June 12th, Israel launched dozens of air strikes on Iranian military and nuclear sites. The attack threatens to inflame the Gulf, which pumps a third of the world’s oil. Brent crude, the global benchmark, rose by 8% on June 13th, to $74 a barrel (see chart). How high might it now go?
Oil prices surged, stocks dropped and investors flocked to safe havens like gold on Friday after tensions between Israel and ...
U.S. oil benchmark prices climbed roughly 7% to about $73 a barrel, the highest level since early April. U.S. government ...
Israel's attack on Iran sparked the biggest jump in crude oil prices since Russia's invasion of Ukraine more than three years ...
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 ...
Oil surges as Israel attacks Iran in Middle East conflict, stocks slide with the Dow, S&P 500 and Nasdaq erasing weekly gains ...
Oil prices rallied over 7% today after Israeli airstrikes on Iran. This elevated geopolitical uncertainty and requires the ...
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