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Israel-Iran war highlights Mideast's declining influence on oil prices
The contained move in oil prices during the Israel-Iran war highlights the increasing efficiency of energy markets and fundamental changes to global crude supply, suggesting that Middle East politics will no longer be the dominant force in oil markets they once were.
Oil futures tumbled again Tuesday on hopes that the shaky ceasefire between Israel and Iran would reduce if not eliminate the ...
The ceasefire between Israel and Iran seems like it’s holding, and oil prices have come way down over the past couple of days ...
That’s because the correlation between crude oil and stocks has not been stable over time. For several decades prior to 2000, ...
The U.S. crude oil price benchmark, West Texas Intermediate, fell 8% to less than $68 a barrel, the lowest level since last ...
A key concern for markets would center around the potential impact of the developments in the Middle East on oil prices and ...
Oil prices dropped in Tuesday trading, as traders have learned that "no wars will stop the flow of oil," said Manish Raj, ...
Iran could retaliate against the U.S. strikes on its nuclear facilities by shutting down the Strait of Hormuz, a move that ...
Stocks rallied Tuesday after U.S. President Donald Trump announced a ceasefire in the Israel-Iran conflict, although the ...
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