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Middle East on brink of all-out war
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.
Crude Oil Climbs on Middle East War Escalation
Conflicts have continued to grow in the Middle East, giving crude oil prices a big boost. Oil has been locked in a downward trend over the past month, down 14% from a multi-month high close of $83.88 a barrel.
7h
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 ...
18h
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
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 ...
Foreign Affairs
4h
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 ...
19h
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 ...
20h
on MSN
Global airlines divert, cancel flights as they grapple with escalating Middle East tensions
Carriers have cancelled flights to Israel and Lebanon in the wake of the rising conflict, with many saying they won’t resume ...
Skift
13h
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 ...
3d
Why the World’s Biggest Powers Can’t Stop a Middle East War
The United States’ ability to influence events in the Mideast has waned, and other major nations have essentially been ...
Crude Oil Prices
17h
FTSE 100 Outperforms Global Indices as Defense and Energy Stocks Rally
London's FTSE 100 index shows resilience as oil prices surge and global stocks falter in response to Iran's missile attack on ...
AFP on MSN
18h
Oil prices extend rally on Iran attack
Major stock markets diverged Wednesday, while oil prices extended a rally after Iran's missile attack on Israel fanned fears ...
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