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Ukrainian President Volodymyr Zelenskyy says rising global oil prices following Israeli strikes on Iran will strengthen ...
Although the U.S. is a net oil exporter, higher oil prices could increase inflation and lower economic growth.
Almost a third of the global seaborne oil trade moves through the Strait of Hormuz. Any interruption could send crude prices ...
The sweeping attacks by Israel, which began early Friday, have killed more than 70 people, including four of Iran’s top ...
Rather, it is geopolitical factors—specifically, escalating tensions in the Middle East—that are unsettling markets and ...
A sustained surge in oil prices is likely to complicate the U.S. fight against inflation. A $10-a-barrel increase would boost ...
A fire has broken out at a Marathon Oil refinery in Texas City, emergency officials say. The Texas City Office of Emergency ...
In early 2025, oil prices crashed to nearly $60 a barrel but rebounded to $75 due to the recent conflict.
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