Iran-Israel conflict: Oil jumps 4%, markets on edge
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.
In a dramatic escalation of military tensions, the Israel Defense Forces (IDF) have launched airstrikes targeting key military infrastructure in the Houthi-controlled port city of Hodeidah, Yemen. The..
India has overtaken China to become the largest importer of Russian oil, marking a significant shift in global energy dynamics. In July, Russian crude made up 44% of India’s total oil imports,..
Tehran's Revolutionary Guard Corps (IRGC) has warned of a delayed but devastating retaliation against Israel for the assassination of Hamas leader Ismail Haniyeh. With the Middle East on edge and..
Oil prices are surging in the wake of rumors that Iran is preparing to launch a missile attack on Israel. Reports from U.S. officials suggest that an Iranian... OilPrice.com
Tuesday, 1 October 2024 ()
![BREAKING! Houthis Face Israel’s Fury, IDF Bombs Ports And Power Stations In Yemen’s Hodeidah [Video]](https://video.newsserve.net/300/v/20240929/1388856760-BREAKING!-Houthis-Face-Israel-Fury-IDF-Bombs.jpg)
![India Dethrones China as Russia's Top Oil Buyer, Grabs 44% of New Delhi's Imports | Details [Video]](https://video.newsserve.net/300/v/20240824/1385637970-India-Dethrones-China-as-Russia-Top-Oil.jpg)
![Israel on High Alert as Iran Prepares Strategic Retaliation for Hamas Leader Haniyeh's Assassination [Video]](https://video.newsserve.net/300/v/20240821/1385357480-Israel-on-High-Alert-as-Iran-Prepares-Strategic.jpg)
