Oil prices could see 'super spike well above $100' if conflict escalates after Iran's attack on Israel
CNBC - 2024-04-15T01:28:02.000Z

Iran is home to vast oil resources, and any disruption to its capacity to supply global markets could push prices higher.

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Oil prices hold firm as U.S. weighs added sanctions on Iran oil exports after attack on Israel
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Israel-Iran conflict will add to Fed’s caution on rate cuts as oil prices may disrupt inflation fight—but China and OPEC+ could ease pressure, Capital Economics says
"Energy markets remain the key transmission mechanism from regional tension/conflict to the rest of the world economy."
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BREAKING NEWS: ISRAEL: IRAN ATTACKS ISRAEL: In major escalation, Tehran launches at least 100 military drones at Israel cities—IDF prepares to retaliate
JERUSALEM, ISRAEL — At this hour, 10 million Israelis are bracing for an attack by air that is already in motion. U.S. and Israeli intelligence sources indicate that at least 100 military drones or UAVs — unmanned aerial vehicles — have been fired at Israel. They are expected to take about seven hours to reach Israeli soil. Within the last few minutes, Hebrew and English language media outlets here in Israel began reporting that in a major escalation of the last six months of war, the leadership...
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