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Crude Oil Prices Near 5-Month High Amid Iran-Israel Tensions: What’s Driving the Surge?
Oil prices are fluctuating as the conflict between Iran and Israel continues for the sixth straight day. Brent crude had reached $76.70 per barrel, its highest level since February, while West Texas Intermediate (WTI) was also trending up.
Dow closes down 750 points after Israel-Iran conflict deepens, oil prices spike
The Dow Jones Industrial Average close down nearly 770 points, or 1.7%. The S &P 500 declined 1.1%, while the tech-heavy index slid 1.3%. The jump in oil prices threatens to raise the price of gasoline for U.S. drivers, since crude oil makes up the top ingredient in car fuel.
Oil prices spike after Israel's strikes on Iran
Brent crude prices hit the highest level since January after IDF strikes on Iran prompts fears of retaliation that could impact global energy supplies.
Oil prices see sustained surge after Israel strikes Iran
US and Brent crude prices jumped on fears of supply disruption from the Middle East as Iran has repeatedly threatened to close a key shipping route.
Oil prices lower after Trump suggests Israel attack on Iran is not imminent
Oil prices had jumped more than 4% on Wednesday as fears of a conflict that would disrupt crude supplies suddenly swept the market.
Denver7 talks to CO financial advisor about how conflict between Israel and Iran could impact state gas prices
As Israel and Iran exchange attacks, investors worry about a broader conflict across the Middle East that could cause gas prices to soar even more in the U.S. and Colorado.
Oil prices up nearly 3% as Israel-Iran conflict escalates, US response remains uncertain
Oil prices jumped almost 3% on Thursday as a week-old air war between Israel and Iran escalated and uncertainty about potential U.S. involvement kept investors on edge.
Oil prices rise more than 1% as Israel vows to intensify attacks on Iran
Crude oil futures rose more than 1% on Thursday, after Prime Minister Benjamin Netanyahu ordered Israel’s military to intensify attacks against Iran.
Oil Prices Hit Over 5-Month Highs As Israel‑Iran Crisis Escalates, Trump Warning Keeps Markets On Edge
Brent crude futures gained 0.4% at $76.78 per barrel, while U.S. West Texas Intermediate crude prices rose 0.4% at $73.57 per barrel at 11:54 pm ET.
Oil prices jump as Israel-Iran conflict escalates
Oil prices rose on Thursday as a week-old air war between Israel and Iran escalated and uncertainty about potential U.S. involvement kept investors on edge. Brent crude futures were up $1.48, or 1.9%,
Oil prices soar as Israel-Iran conflict intensifies
Oil costs soared Tuesday as the conflict between Israel and Iran intensified, with crude prices up more than four percentage points. CBS News MoneyWatch correspondent Kelly O'Grady has more.
Soft inflation data meets Middle East turmoil: The week in markets
Major equity indices, which had been hovering near all-time highs, pulled back as geopolitical risks surged back to the ...
Key question for oil prices: Will exports be affected?
Oil futures soared in electronic trade late Thursday after Israel's attack on Iran, with West Texas Intermediate crude, the U ...
Crude futures settle higher
The West Texas Intermediate for July delivery gained 30 cents, or 0.4 percent, to settle at 75.14 U.S. dollars a barrel on the New York Mercantile Exchange. Brent crude for August delivery went up 25 ...
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Kuwait oil price up to $73.57 pb
Brent crude dropped one dollar to reach USD 37.23 pb as West Texas Intermediate dropped USD 1.21 to reach USD 71.77 pb ...
Here’s the ‘danger zone’ for U.S. oil prices causing recession, according to DataTrek
Oil prices recently jumped on worries over the fallout from escalated tensions in the Middle East, but not to levels that risk leading to a recession, according to DataTrek Research. Based on recent U ...
Nigeria’s Dangote Oil Refinery Is Buying Ever More US Crude
Where does a giant refinery in Nigeria, Africa’s largest oil producer, go to source the raw materials it needs to make fuels ...