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Energy prices have seen increased volatility over the last month due to developments in the Middle East. Read more here.
Nearby NYMEX crude oil futures were at $63.42 per barrel on May 14. In late June, the price was only slightly higher after a volatile period. While the war in the Middle East posed the potential for ...
While Middle East tensions are driving near-term market volatility, this focus is likely to be temporary as attention soon returns to major July and August policy decisions.
Future conflicts may be decoupled from oil shocks, giving Western powers more freedom to engage politically in the region ...
Oil prices have fluctuated due to concerns about potential supply disruptions in the Middle East following recent Israeli strikes on Iran, but no actual supply cuts have occurred. The Strait of ...
The European Commission will propose a floating price cap on Russian oil this week as part of a new sanctions package, in an ...
During the Yom Kippur war, embargoes drove oil prices up. But oil prices have actually gone down since the Oct. 7 attack. In a time of upheaval in the Middle East, we explore why prices are falling.
Oil prices climbed this week as tensions in the Middle East escalated. Iran launched missiles at Israel and the Israelis threatened retaliation, raising the possibility of a disruption to the flow ...
Oil prices jumped on Wednesday as a U.S.-China trade deal and soft inflation report boosted demand expectations and ...
WASHINGTON — Fifty years after the 1973 Arab oil embargo, the current crisis in the Middle East has the potential to disrupt global oil supplies and push prices higher.
As in previous such flare-ups in the Middle East, market speculators fear a disruption to supply and bet on rising oil prices. In a sign that the world hasn’t lost a single barrel of oil from ...
Crude oil prices have risen as Iran and Israel trade attacks, ... Tensions are rising in the Middle East, but the rise in oil prices is muted – so far. October 3, 2024 4:26 PM ET.