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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, ...
Conflict between Israel and Iran has rekindled fears of a disruption to a narrow waterway key to the global economy.
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.
The Strait of Hormuz, a narrow waterway at the mouth of the Persian Gulf, handles around 26% of the world’s oil trade and is ...
Bangladesh is likely to face disruptions in fuel imports, as the ongoing Iran-Israel conflict may affect the routes through ...
Attacks between Israel and Iran have intensified, targeting even Iran's oil depot, resulting in a 13 percent increase in oil ...
U.S. President Donald Trump on Tuesday called for an “unconditional surrender” from Iran, warning Washington’s patience was ...
Crude futures have risen following the intensification of conflict between Israel and Iran but remain below previous peaks ...
Tensions in West Asia raise concerns over oil markets as Iran-Israel clashes threaten Strait of Hormuz closure.