News
What an Israel-Iran war means for oil prices
That scenario now appears alarmingly close. On the evening of June 12th, Israel launched dozens of air strikes on Iranian military and nuclear sites. The attack threatens to inflame the Gulf, which pumps a third of the world’s oil. Brent crude, the global benchmark, rose by 8% on June 13th, to $74 a barrel (see chart). How high might it now go?
An Iranian lawmaker said closure of the Strait of Hormuz, a critical chokepoint in the global energy trade, was under serious ...
The country’s exports mostly come from Kharg Island in the Persian Gulf. But Israel’s energy facilities are also at risk.
Ukrainian President Volodymyr Zelenskyy says rising global oil prices following Israeli strikes on Iran will strengthen ...
Some results have been hidden because they may be inaccessible to you
Show inaccessible results
Feedback