Oil prices likely to fall after Israel shows restraint in strikes on Iran
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.
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:
As global tensions hit a boiling point, Iran has reportedly set plans in motion for a “definitive and painful” strike against Israel, possibly timed before the U.S. presidential election. In a..
According to AP, Israel's recent military strike targeted a ballistic missile construction base in Shahroud, Iran, resulting in substantial damage to key facilities. Satellite images confirm the..
Hundreds of ballots are incinerated as ballot boxes were set ablaze in the Pacific Northwest. Israel launches direct strikes against Iran claiming to have wiped out their air defense capabilities.