Oil Prices Drop Dramatically After Israel's Limited Strikes on Iran
Monday, 28 October 2024 () Oil prices dropped dramatically at the start of the week after Israel’s limited reaction to Iran’s missile attack convinced markets that a marked escalation in the conflict was unlikely. Iran’s Supreme Leader Ayatollah Ali Khamenei then helped to cool tensions on Sunday when he signaled there would not be any direct response to Israel’s strikes in Iran. The price of West Texas Intermediate tumbled from $71.78 on Friday to $68.01 early on Sunday morning before recovering slightly. Brent crude oil futures, meanwhile, fell…
Israel has launched strikes on “military targets” in Iran, describing the operation as a response to Tehran and its proxies “relentlessly attacking” Israel since October 7. The targets do not include energy infrastructure, an Israeli military source told CNN. Catch up on CNN’s coverage:
Ayatollah Ali Khamenei commented on Israel's recent attacks, asserting they should not be exaggerated or downplayed, and emphasizing Iran's right to respond. He claimed the strikes caused limited..
In a dramatic escalation of hostilities, Hezbollah has launched a massive rocket barrage aimed at an Israeli air base near Tel Aviv, purportedly as a swift act of revenge for Israel's recent airstrikes..
In a dramatic escalation of hostilities, Israel has released jaw-dropping footage showcasing its F-15 and F-16 fighter jets preparing for direct airstrikes in Iran. The Israeli Defense Forces (IDF)..
Oil prices are predicted to fall as Israel's strike on Iran over the weekend avoided key oil and nuclear sites, ensuring no disruption to energy supplies.... IndiaTimes
Crude oil prices began the week with a loss, after Israel’s retaliatory strike against Iran failed to inflict substantial enough damage, according to the... OilPrice.com
Monday, 28 October 2024 ()
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