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Middle East, Oil
Oil rises on prospects of wider Middle East war, firmer global supply caps gains
Oil prices rose on Thursday as the prospect of a widening Middle East conflict that could disrupt crude oil flows from the key exporting region overshadowed a stronger global supply outlook.
Oil Rises as Middle East Conflict Deepens, Gains Capped by Global Supply Outlook
Brent crude futures increased 64 cents, or 0.87%, to $74.54 a barrel as of 0006 GMT. U.S. West Texas Intermediate crude futures gained 72 cents, or 1.03%, to $70.82 a barrel.
Oil Continues to Rise on Fears of Middle East Conflict Escalation
Oil prices gained further in early European trading on growing fears of a full-scale regional war in the Middle East that could potentially disrupt supplies.
A Wider War in Middle East
The Economic Cost of a New War in the Middle East
An escalation of fighting between Israel and Iran could cause oil prices to spike and send a chill through the global economy.
What Is Happening in the Middle East? Iran Launches Missile Attack After Israeli Operation Against Hezbollah
Israel says it is operating in Lebanese border areas to dismantle infrastructure belonging to the militant group.
Middle East Conflict Spirals Toward Catastrophe as Israel and Iran Trade Blows
Netanyahu’s ruthless strategy sets off a wave of retribution that could drag the U.S. into a showdown with Iran, and risks a broader war
Foreign Affairs
2h
The Middle East on Fire
MONA YACOUBIAN is Vice President of the Middle East and North Africa Center at the United States Institute of Peace. This ...
15h
South African rand softens, global markets focus on Middle East tensions
The South African rand weakened slightly against a stable dollar in early trade on Wednesday, as markets worried about rising ...
5h
Flights Delayed or Cancelled as Middle East Conflict Disrupts Aviation
LONDON (Reuters) -Rising tensions in the Middle East have created air travel chaos, with global airlines diverting or ...
2h
on MSN
Iran-Israel war: How escalating Middle East conflicts could affect Indian stock market, commodity prices
Geopolitical tensions and economic uncertainty may prompt central banks to reconsider rate cuts, influenced by rising oil ...
11m
Moment Dubai flights are diverted 3,100 miles away as Middle East explodes
Passengers watched the flight tracker map turn around just a short while before they were due to land in Dubai due to the ...
39m
Top 10 oil-producing and consuming countries: India's role in the global oil market
Recent Middle East tensions, particularly Israel-Hezbollah conflicts, have caused global oil price fluctuations. The IEA's ...
Skift
11h
Global Hotel Industry Outlook: U.S. Weakens, Middle East Shows Strength
The global hotel industry is experiencing varied performance across regions in 2024, says a CBRE report, with headwinds and ...
1d
Oil prices surge as Iran missile attack prompts supply fears
Oil prices surged on Tuesday after Iran fired a barrage of missiles at Israel, inching the Middle East closer to a full-scale ...
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