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Geopolitical shocks continue to impact the oil market as prices spike in response to the Israel-Iran conflict. With the US ...
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.
Despite the strategic importance of the Strait of Hormuz, oil markets currently show little reaction to escalating regional ...
Oil futures have risen roughly 8% since the start of the Israel-Iran war. Analysts predict prices could go higher if Iran is ...
Nasdaq 100 rises ahead of the Fed’s rate call and Juneteenth break. Oil and bonds gain as traders weigh Middle East war risks and U.S. policy moves.
This has stoked speculation that Iran’s leadership may reach for another way to pressure its enemies to relent — blocking or ...
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 ...
Oil prices fell on Wednesday, after a gain of 4% in the previous session, as markets weighed up the chance of supply ...
The Federal Reserve is expected to keep interest rates on hold while inflation continues to cool. Jerome Powell to speak at 2:30 p.m. Traders eye the ongoing conflict in the Middle East. Follow along ...
Amid rising tensions between Israel and Iran, Union Minister for Petroleum and Natural Gas, Hardeep Singh Puri, on Wednesday, ...
The attacks on Iran’s oil fields and the likelihood of further escalation, is a renewed threat to global energy stability.