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:
In a dramatic shift in U.S. foreign policy, President-elect Donald Trump is poised to ramp up pressure on Iran, with plans to tighten sanctions and choke off Tehran's vital oil revenue. Sources close..
In a stark warning amid escalating tensions, a top advisor to Iran’s Supreme Leader Ayatollah Ali Khamenei has urged caution, advising against a hasty or instinctive response to recent Israeli..
In a dramatic escalation of hostilities, Iraqi fighters executed back-to-back drone attacks on November 5, 2024, targeting key installations in Haifa, Israel. The strikes, which hit both an oil..
Sunday, 27 October 2024
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