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The Iraqi foreign minister warned on Saturday that the Strait of Hormuz might be closed due to the Israel-Iran confrontation.
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Barchart on MSNCrude Prices Surge on Security Risks in IraqWednesday closed up +3.17 (+4.88%), and July RBOB gasoline (RBN25) closed up +0.0788 (+3.77%). Crude oil and gasoline prices ...
Oil prices surged around 7% early on Friday morning after Israel launched airstrikes on Iran, marking a significant ...
Some of the world’s largest oilfields, including in Saudi Arabia and Iraq, are also within ... to help keep prices in check. If the oil price surge is prolonged or supplies are disrupted from ...
a vital shipping route for oil, is located near this region. Although the price spike initially seemed to reflect these geopolitical risks, analysts believed the surge might have been overdone.
Oil prices spiked by more than 7% Friday morning ... Carriers diverted from airspace over Iran, Iraq, Israel and Jordan. Among the carriers taking precautions were Dubai-based Emirates, the Middle ...
From crude oil to coffee, sign up free for Barchart’s best-in-class commodity analysis. Crude prices surged to their highs Wednesday afternoon when Reuters reported that the US embassy in Iraq ...
Oil prices jumped over 8% Thursday night following Israel’s military strikes on Iran, marking a significant escalation in the Middle East conflict. West Texas Intermediate ( CL=F) rose to nearly $74 ...
Oil prices jumped more than 10% Thursday night after ... Exporting Countries (OPEC), trailing only Saudi Arabia and Iraq, with output exceeding 3 million barrels per day. “The most immediate ...
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