oil, Middle East
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It’s tough to say where oil prices go next as the war with Iran enters its second week. Beyond the volatility, the key for energy investors is where prices settle after the fighting winds down.
The Iran war has upended oil production and shipping across the Middle East, straining energy supplies worldwide
He said American goals may be “pretty well complete” after telling House Republicans that “we haven’t won enough.” • Oil crisis: The war has caused the biggest oil disruption in history. Threats to transit through the Strait of Hormuz persist.
Rising tensions in the Middle East are driving oil prices higher, sending gas prices climbing across Los Angeles and Southern California.
6don MSN
Oil supertanker rates hit all-time high as insurers drop war risk protection in the Middle East
The cost of hauling crude oil from the Middle East to China rose more than 94% to hit a record high of $423,736 per day on Monday.
Israeli military said it would also target every person who seeks to appoint a successor for killed supreme leader Ali Khamenei
Emirati airlines resumed some flights to global cities from the war-hit Gulf on Friday, but a Lufthansa jet that was headed to the region diverted over safety fears and an Air France repatriation flight was forced to turn back due to missile fire.