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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?
Critical energy infrastructure in Israel and Iran has not escaped unscathed from the first few days of the countries' ...
The escalating Iran-Israel war, marked by Israeli airstrikes on Iranian energy infrastructure and retaliatory missile attacks ...
So far, the conflict between Israel and Iran hasn’t caused oil prices to spike too high, but economists are watching.
The conflict between Israel and Iran has already disrupted the oil market, pushing crude oil prices sharply upward, by over ...
Iran called on U.S. President Donald Trump on Monday to force Israel to cease fire as the only way to end the four-day-old ...
The Israeli military claims its campaign has eliminated high-value targets, including nine senior scientists, and severely ...
Ukrainian President Volodymyr Zelenskyy says rising global oil prices following Israeli strikes on Iran will strengthen ...
The ongoing Israel Iran war has unleashed not only a massive aerial assault with missiles and drones causing heavy ...
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