Global Oil Prices Rise Amid Increasing Middle East Conflict
Friday, 19 April 2024 India imports over 85 per cent of its crude oil requirement and a substantial spike in global oil prices could raise the country’s oil import bill.
IMF Warns of Broad Global Impact, Due to Conflict in the Middle East.
According to 'The Guardian,' the International Monetary
Fund recently highlighted the risks of escalating
conflict in the Middle East with two new reports. .
The reports, titled World Economic Outlook (WEO) and the Global...
The Biden administration just restricted 13 million acres of a federal petroleum reserve from oil and gas exploration, adding to its long list of anti-oil actions and guaranteeing high gasoline prices...
Oil prices surged by more than four percent on Friday following Israel's missile strikes on Iran, amplifying concerns of heightened tensions in the West Asia region. The global benchmark, Brent crude,..
Gold prices have surged over 15% in the last three months, making it the best performing asset class since the beginning of 2024. Similarly, silver has delivered returns of over 13% since January 1...
Oil prices rallied and equities sank Friday as reports said explosions had been heard in Iran and Syria, fuelling fears of an escalation of the Middle East... IndiaTimes
The global standard, Brent crude, hasn't reached these levels since October, primarily due to increasing tensions in the volatile Middle East. Zee News
Friday, 19 April 2024
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