Why are Iran-Israel tensions driving up oil prices? How could this impact you?
The escalating tensions between Iran and Israel are driving up the prices of oil. On Thursday, it saw a 5 per cent jump after US President Joe Biden said they were ‘discussing’ America’s support to the Jewish nation on striking Iranian oil facilities.
Energy analysts have questioned whether oil markets are being too complacent about the risk of a widening conflict in the ...
Israel has refueling tankers for its attack planes, surveillance drones and sophisticated F-35 fighter jets, theoretically ...
This stark juxtaposition of geopolitical tensions and internal OPEC+ dynamics underscores the complex forces at play in the ...
If Iran's oil installations are taken offline, oil prices could surge over $200 per barrel, SEB's Bjarne Schieldrop said.
President Biden's comments about potential Iran targets trigger a jump in oil prices.
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