Why are Iran-Israel tensions driving up oil prices? How could this impact you?
The escalating tensions between Iran and Israel are driving up the prices of oil. On Thursday, it saw a 5 per cent jump after US President Joe Biden said they were ‘discussing’ America’s support to the Jewish nation on striking Iranian oil facilities.
Opec sticks to plans as oil prices surge after Iran's missile attack on Israel
Senior ministers from Opec and its allies have kept to current plans to reduce production. Crude prices have spiked due to concerns over a potential major production disruption following Iran's missile attack on Israel.
Israel, which has vowed to retaliate for an Iranian missile barrage, could hit a wide range of targets in Iran, including ...
This stark juxtaposition of geopolitical tensions and internal OPEC+ dynamics underscores the complex forces at play in the ...
If Iran's oil installations are taken offline, oil prices could surge over $200 per barrel, SEB's Bjarne Schieldrop said.
X users in Iran and globally created and shared memes of the missiles and Iran's leader after Iran's attack on Israel earlier ...
Iran has rarely looked more on the back foot after weeks of Israeli attacks that degraded its proxies Hezbollah and Hamas.
The Israeli military said most of the missiles were intercepted, but that a small number struck central and southern Israel.
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