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Oil Prices Drop, but Iran-Israel Conflict Raises Many Risks
The initial round of Israeli attacks sent oil prices 7 percent higher on Friday. Still, at about $74 a barrel, Brent crude remains below the $80 average for 2024, the Deutsche Bank analysts wrote. The market continued to waver, though, and by Monday, oil prices had fallen about 3 percent.
As Israel and Iran exchanged more attacks, stock markets mostly rose even as worries remained about possible oil supply ...
This latest iteration of the Middle East crisis is both familiar and unfamiliar. We’re all back obsessing about the oil price ...
With the exception of Russia’s invasion of Ukraine, big swings in oil have been driven by broader geoeconomic trends ...
Oil prices leaped, and stocks slumped on worries that escalating violence following Israel’s attack on Iranian nuclear and ...
I avoid long-term oil investments due to unpredictable price swings, but high implied volatility now creates an opportunity ...
Although the U.S. is a net oil exporter, higher oil prices could increase inflation and lower economic growth.
A sustained surge in oil prices is likely to complicate the U.S. fight against inflation. A $10-a-barrel increase would boost ...
NEW YORK (AP) — Some calm is returning to Wall Street, and U.S. stocks are rising on Monday, while oil prices are giving back ...
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