Oil Prices Drop 6% on Reduced Middle East Tensions
Oil prices experienced a significant 6% drop on Monday, shedding more than $4 per barrel, following Israel’s weekend airstrike on Iranian military targets that strategically avoided...
Etiket: OPEC
Goldman Sachs Predicts Crude Oil Spike Amid Potential Iran-Israel Conflict
Goldman Sachs has warned that oil prices could rise by as much as $20 per barrel if Iranian oil production is hit due to Israeli retaliation...
Iran-Israel Escalation Heightens Risk of Global Oil Supply Disruptions
The recent Iran-Israel conflict has created a significant threat to global oil supplies following Iran’s ballistic missile attack on Israel. This escalation, in retaliation for Israel’s...