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Key Takeaways Oil futures surged to a five-month high Monday morning after the U.S. struck Iranian nuclear facilities over ...
Well-supplied markets and weakening demand for crude concern American drillers.
If oil prices are any measure, Iran just flinched. The price of oil tumbled Monday on a bet that Iran's decision to bomb U.S.
Markets appear untroubled by recent developments in the Middle East, with oil prices indicating that the crisis, at least in ...
In the last 24 hours, the geopolitical landscape has shifted dramatically—removing a supply risk premium that had built over the previous 12 days,” says Ole Hansen, head of commodity strategy at Saxo.
U.S. stocks were hovering at session highs in midday trading on Tuesday amid hopes that a potential de-escalation of the Middle East conflict can last. The Dow Jones Industrial Average was up 515 ...
China has been diversifying its sources for oil imports well before the current Middle East tensions.
The Indian rupee and government bonds are poised to face pressure this week following a U.S. strike on Iran, raising concerns ...