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Oil Prices Drop, but Iran-Israel Conflict Raises Many Risks
The initial round of Israeli attacks sent oil prices 7 percent higher on Friday. Still, at about $74 a barrel, Brent crude remains below the $80 average for 2024, the Deutsche Bank analysts wrote. The market continued to waver, though, and by Monday, oil prices had fallen about 3 percent.
Oil prices fell nearly 2% on Wednesday after gaining earlier in the session as investors weighed the chance of supply ...
The U.S. West Texas Intermediate futures price -- a key measure of U.S. oil prices -- has surged more than 20% in June as ...
The Federal Reserve, under pressure from President Trump, will announce its decision on interest rates. Oil ticked higher as ...
Shipowner Frontline said the incident near the Strait of Hormuz was due to navigational issues and not related to the current ...
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