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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.
Oil prices jumped more than 10% Thursday night after Israel launched airstrikes on Iran, marking a significant escalation in ...
Higher crude prices squeeze Indian oil refiners as they have largely kept retail fuel prices unchanged in the domestic market ...
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 ...
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 ...
The latest conflict between Israel and Iran may be more serious though. Israel is going after Iran’s nuclear program after ...
Wednesday closed up +3.17 (+4.88%), and July RBOB gasoline (RBN25) closed up +0.0788 (+3.77%). Crude oil and gasoline prices ...
Rabobank emphasized the vulnerability of key producers like Saudi Arabia, Kuwait, Iraq ... surge signals growing conviction that prices could break higher as geopolitical tensions deepen. Oil ...
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 ...
Oil prices surged around 8% on Friday morning after ... Exporting Countries (OPEC), trailing only Saudi Arabia and Iraq, with output exceeding 3 million barrels per day. “The most immediate ...
Iraq, Kuwait and UAE, can lead to sharp spikes in oil prices. “With the US-China trade conflict, China did not adhere to western sanctions on Iran but continued to buy buying the same though in ...
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.