Oil Prices Surge Amid Concerns Over Potential Iran-Israel Conflict

Reported 12 days ago

Oil prices increased by over $2 a barrel on reports of Iran preparing an attack on Israel from Iraq, spurred by heightened tensions and U.S. presidential elections approaching. WTI and Brent crude futures saw significant gains as markets reacted to both geopolitical unrest and indications of a possible delay in OPEC+ oil output increases. Analysts warn that the situation could lead to volatility in the oil market in early November.

Source: YAHOO

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