Oil prices rose nearly 2% on supply fears as escalating Middle East tensions, including possible Israeli retaliation against Iran, shook markets
Middle East conflict
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Oil prices slid over 4% following reports of a potential Hezbollah-Israel ceasefire, easing market fears of broader conflict in the Middle East.
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Oil prices recorded significant weekly gains amid heightened Middle East conflict fears. President Biden’s caution against targeting Iranian oil helped limit the surge.
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Oil prices surged as violence in the Middle East escalated, raising concerns about supply disruptions, though a stable global outlook has kept gains in check.
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Oil prices edged up on Monday, supported by geopolitical concerns in the Middle East and the U.S. Federal Reserve’s recent interest rate cut, which is expected to boost economic activity …
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Oil prices surged on Thursday, fueled by a surprise draw in US crude oil inventories and speculation of a potential interest rate cut by the Federal Reserve. However, geopolitical tensions …
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Amid escalating geopolitical tensions, oil prices surged due to concerns over potential disruptions in global oil supply chains, affecting market stability and price dynamics.
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Oil prices retreated on Monday after concerns about potential supply disruptions from the Middle East conflict eased. The market’s focus shifted back to fundamentals, with economic factors like inflation and …
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Oil markets brace for impact after Iran’s surprise attack on Israel. The potential for wider conflict and disruption to global oil supplies keeps markets on edge. Analysts predict an initial …
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Oil prices remained steady on Monday, as the impact of rising geopolitical tensions in the Middle East was offset by signs of weakening demand in the global market. The conflict …