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a war in the Middle East hasn't sparked an oil crisis

The Wall Street Journal on MSN · 23h

The Middle East Is in Turmoil. U.S. Frackers See No Reason to Pump More Oil.

Well-supplied markets and weakening demand for crude concern American drillers.

NBC News on MSN · 1d

Oil prices dive, stocks jump as markets seek reprieve from Middle East turmoil

The U.S. crude oil price benchmark, West Texas Intermediate, fell 8% to less than $68 a barrel, the lowest level since last week. The global Brent crude price benchmark likewise fell about 8%. Major stock indexes ended the day in positive territory.

Why a war in the Middle East hasn't sparked an oil crisis

Global crude oil prices are now lower than they were before Israel attacked Iran earlier this month. A price spike did occur, but it was short-lived — unlike oil crises of the past.

Oil prices tumble

Israel-Iran war highlights Mideast's declining influence on oil prices

The contained move in oil prices during the Israel-Iran war highlights the increasing efficiency of energy markets and fundamental changes to global crude supply, suggesting that Middle East politics will no longer be the dominant force in oil markets they once were.

Oil prices tumble after Israel agrees to Iran ceasefire

Oil prices tumbled by 5% on Tuesday after Israel agreed to a ceasefire with Iran after nearly two weeks of conflict. Brent crude, the international benchmark for oil prices, fell below $67 a barrel by the end of the day,

CNN on MSN · 18h

Oil is falling so much it’s now cheaper than it was before the Iran-Israel conflict

Oil prices fell sharply Tuesday, returning to levels last seen before the Iran-Israel conflict, as investors cheered news of a ceasefire, albeit fragile, between the two countries.

The source of Trump's ‘courage’ in the Middle East

Behind Trump's willingness to risk war in the Middle East lies the fact that the United States has freed itself from energy ...

21hon MSN

Trump said Middle East, world, are ceasefire 'winners.' But, maybe too, July 4 travelers

The price drops mean increases in oil per barrel seen since Israel first attacked Iran's nuclear facilities earlier this ...

1don MSN

Why ExxonMobil Fell Today, Even Amid War in the Middle East

Since Israel struck Iranian military and nuclear targets beginning on June 13, oil and gas prices have been on the rise. The ...

1don MSN

Middle East tensions could unleash a 2-part worst-case scenario that hits stocks, Morgan Stanley says

Morgan Stanley's bear case for the S&P 500 involves oil prices spiking significantly amid conflict in the Middle East, ...

1d

Rates Spark: Middle East News Isn't Impacting Trading Ranges

Markets appear untroubled by recent developments in the Middle East, with oil prices indicating that the crisis, at least in ...

2don MSN

Indian rupee, bonds under pressure as US strike on Iran deepens Middle East conflict

The Indian rupee and government bonds are poised to face pressure this week following a U.S. strike on Iran, raising concerns ...

1don MSN

A Strait of Hormuz crisis could hit global oil, but China may be less vulnerable than it looks

China has been diversifying its sources for oil imports well before the current Middle East tensions.

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