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Iran-Israel conflict: Oil jumps 4%, markets on edge

IndiaTimes Tuesday, 1 October 2024
Oil prices surged approximately 4% as tensions escalated with Iran reportedly preparing a missile attack on Israel. This geopolitical distress also caused a significant dip in the S&P 500, with technology stocks like Apple, Nvidia, and Microsoft weighing down the index and the Cboe Volatility Index reaching its highest level in nearly a month.
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News video: Tel Aviv Killings: Israel Attack On Iran Any Moment l Oil Facilities On Target| Key Details

Tel Aviv Killings: Israel Attack On Iran Any Moment l Oil Facilities On Target| Key Details 03:07

 Tensions in the Middle East escalate as Israel prepares for a possible strike on Iran's oil facilities after Tehran’s missile attack. With the U.S. pledging support for Israel, and Iran warning of harsher retaliation, the region teeters on the brink of an all-out conflict. Will Israel retaliate,...

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