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Oil is likely to be supported by tensions in the Middle East, said Phillip Nova analyst Priyanka Sachdeva, noting that crude oil prices have surged over 18% in June.
Rising Middle East tensions have driven oil prices higher, potentially boosting Texas Pacific Land's future earnings. Read ...
As tensions ratcheted up in the days leading up to the attack, some analysts had speculated that a strike could push prices ...
Only a more severe damage to energy infrastructure or disruption of transit through the Strait of Hormuz, a key route for tanker traffic, would produce a lasting rise in energy prices.
Smoke billowed above fuel tanks in Tehran and gas plants on Iran’s south coast on Sunday as energy became the latest front line in its conflict with Israel. Iran’s creaking energy sector, starved of ...
If the middle east conflict remains restricted, or even subside, one could see the market impact wear off, said Chirag Mehta, ...
The Israeli shekel suffered widespread selling on Friday along with some government bonds and equity markets across the ...
A further escalation in Iranian-Israeli tensions could take oil prices above $80 and would mean more upside for the dollar.
Richard Yetsenga, Group Chief Economist at ANZ Research, shared his insights on oil, trade, and the geopolitical forces ...
Israel’s attack on Iran Friday has catapulted their long-running conflict into what could become a wider, more dangerous ...
The latest escalation in tensions in Iran has paved the way for the return of risk premiums on oil prices once again.
Stock markets in the Middle East ended lower on Thursday with uncertainty looming after the U.S. decided to relocate ...