Oil Jumps as Middle East Tensions Ignite Supply Fears
Friday, 27 September 2024 () Crude prices are seeing a sharp rise today, with WTI trading at $68.52 per barrel, up 1.26%, and Brent crude at $72.27 per barrel, up 0.94%. These gains are driven primarily by escalating tensions in the Middle East, particularly the intensifying conflict between Israel and Hezbollah. This volatility is prompting fears of further disruptions to oil supply and maritime routes. Israel recently launched an airstrike targeting Hezbollah's central headquarters in Beirut, marking the heaviest attack in almost a year of ongoing conflict. Although theβ¦
Tensions in the Middle East have reached a boiling point. EUβs top diplomat, Josep Borrell, has expressed deep concern over the escalating conflict, warning of a potential 'full-blown war' if..
In a scathing critique of the Biden administration's handling of the escalating Israel-Hezbollah conflict, former U.S. President Donald Trump warned that the situation could spiral into World War III...
In this podcast Wade Northausen interviews Kofy time about the geopolitical tensions in the Middle East and Russia/Ukraine and how that is fuelling civil unrest.
Friday, 27 September 2024 ()
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