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Oil Prices Drop, but Iran-Israel Conflict Raises Many Risks
The initial round of Israeli attacks sent oil prices 7 percent higher on Friday. Still, at about $74 a barrel, Brent crude remains below the $80 average for 2024, the Deutsche Bank analysts wrote. The market continued to waver, though, and by Monday, oil prices had fallen about 3 percent.
A surging oil price is likely to trigger a depreciation in Asian currencies, notably the Thai baht, Taiwan dollar and Korean ...
In a separate report on the outlook to 2030, the IEA forecast that oil supply would continue to outstrip demand over the next ...
Critical energy infrastructure in Israel and Iran has not escaped unscathed from the first few days of the countries' ...
Markets are concerned about Iran's frequent threats to blockade the Strait of Hormuz, just as the US heads into peak summer ...
2hon MSN
Global demand for oil from combustible fossil fuels could peak as early as 2027, according to the International Energy Agency ...
The Environmental Protection Agency has told staff overseeing the country’s industrialized Midwest– a region plagued by a ...
Calm returned to Wall Street, and U.S. stocks rallied, while oil prices gave back some of their initial spurts following ...
Indonesia's Attorney General's Office said on Tuesday it had seized 11.8 trillion rupiah ($725 million) from food company ...
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