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Oil steadied after rallying around 10% since Israel started its attacks on Iran last week, as speculation the US may join the conflict stoked concerns about supply disruptions in the Middle East.
Oil steadied after rallying around 10% since Israel started its attacks on Iran last week, as speculation the US may join the conflict stoked concerns about supply disruptions in the Middle East.
The geopolitical risk premium in oil prices amid the Iran-Israel conflict is likely to be contained at around $5-$10, Fitch Ratings said.
Oil steadied, after jumping to the highest in almost five months on Tuesday, as speculation the US may join Israel’s attack ...
Turkey expects there to be no issues with oil and gas supply for its domestic demand amid the conflict between Israel and ...
Crude oil prices remain elevated even after pulling back from the 5-month high hit on Friday. Explore the top targets to ...
Somaliland offers a stable base near Red Sea chokepoints amid rising tensions with Iran and China’s influence in Djibouti.
Israel’s conflict with Iran has sparked a surge in oil-shipping rates for Middle Eastern routes after some tanker owners and ...
Two oil tankers collided and caught fire near the Strait of Hormuz Wednesday night. Electronic interference was reported in the region.
Russian gas accounted for about 19% of EU imports last year, down from roughly 45% before Moscow's invasion of Ukraine and oil imports have declined to 3% from 27% in early 2022. Global Banks Increase ...
Amid the ongoing tensions between Israel and Iran, ExxonMobil's CEO says there's enough spare capacity to offset any Iranian ...