Oil prices experienced a decline on Monday, following a significant increase on Friday due to escalating tensions in the Middle East. The…
Investing.com – Crude prices tumbled almost 4% on Monday as the market looked beyond the war in the Middle East to focus…
Investing.com– Oil prices rose slightly in Asian trade on Tuesday after plummeting nearly 3% in the prior session amid easing concerns over…
Investing.com– Gold prices fell below key levels on Tuesday as easing concerns over the Israel-Hamas war sapped safe haven demand, while anticipation…
The escalating Israel-Hamas conflict and Russia’s ongoing war in Ukraine may trigger a “dual energy shock” in the global economy, according to…
By Trixie Yap and Laura Sanicola (Reuters) -Oil prices rose in Asian trade on Tuesday, after a drop of more than 3%…
The World Bank has issued a warning about potential disruptions to crude supplies due to escalating conflicts in the Middle East. This…
By John Kruzel WASHINGTON (Reuters) -The U.S. Supreme Court on Monday declined to hear an American steel importer’s bid to invalidate tariffs…
The ongoing Israel-Gaza conflict, initiated by an attack from Hamas on Israel, may trigger a significant surge in commodity prices, particularly oil…
Israel-Hamas conflict risks unprecedented oil price surge, warns World Bank
By Press Room
1 Mins read
The intensifying conflict between Israel and Hamas could potentially trigger a significant surge in oil prices, leading to global food price inflation,…