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Another area of concern is the rupee. A weaker rupee would increase import costs if crude oil prices rise. This is where the ...
Conflict between Israel and Iran has rekindled fears of a disruption to a narrow waterway key to the global economy.
Israel launched strikes against Iran on June 13, saying it targeted nuclear facilities, ballistic missile factories and military commanders during the start of a prolonged operation to prevent Tehran ...
The Strait of Hormuz is considered the world's most important gateway for oil transport. Hostilities between Iran and Israel ...
NEW YORK (AP) — U.S. stocks are nudging lower on Tuesday, and oil prices are rising again. It’s a modest return to form for ...
Qatar warned Tuesday that Israeli attacks on energy facilities in Iran will impact oil prices. "The attack on the Iranian ...
The dramatic escalation in tensions between Israel and Iran caused a spike in the price of crude and raised fears among oil ...
Global markets have remained relatively calm amid the escalating tensions between Israel and Iran. But that sentiment could quickly shift, according to experts, if the conflict affects the Strait of ...
NATS OF SIREN AS THE CONFLICT BETWEEN ISRAEL AND IRAN INTENSIFIES ... NATS OF GAS NOZZLE EXPERTS SAY AMERICANS COULD FEEL IT ...
The conflict between Israel and Iran could have far-reaching effects, including in the U.S. in the form of rising gas prices.
"If the market senses that the attacks are coming to an end, prices will drop," said Andy Lipow, president of Lipow Oil Associates, said in a note on Monday morning. "In the meantime, gasoline prices ...
Iran is one of the world’s top oil producers, and may try to block the Strait of Hormuz, a key export channel.