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Oil prices likely to fall after Israel shows restraint in strikes on Iran

IndiaTimes Sunday, 27 October 2024
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. Israeli jets targeted missile factories, easing market concerns. Analysts expect a temporary dip in prices, with Brent crude potentially dropping to $74-$75 a barrel.
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News video: Israel launches direct strikes on Iran in high-stakes retaliation

Israel launches direct strikes on Iran in high-stakes retaliation

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:

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