Oil Prices Surge Amid Middle East Tensions

Reported 3 months ago

US stocks faced a shaky start in October due to rising tensions in the Middle East, prompting a shift towards defensive investments. This chaos led to a notable spike in oil prices and gold nearing its all-time high. Defense companies like Lockheed Martin and Northrop Grumman also saw an increase in stock value following Iran's missile attack on Israel.

Source: YAHOO

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