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:
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)..
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
Sunday, 27 October 2024 ()
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