Oil prices jump as Middle East violence roils markets
Monday, 9 October 2023 Oil prices surged over $3 a barrel in early Asian trade on Monday due to the military clashes between Israeli and Hamas forces, which has caused political uncertainty in the Middle East. The clashes, which saw Hamas launch a major assault on Israel, have the potential to disrupt US efforts to broker a rapprochement between Saudi Arabia and Israel.
Strategic Petroleum Reserve Near Historic Lows , Amid War in Middle East.
Strategic Petroleum Reserve Near Historic Lows , Amid War in Middle East.
Fox News reports that drawdowns made to the
U.S. Strategic Petroleum Reserve (SPR) have left
the emergency stockpile at its lowest level since 1983....
FBI Director Urges Vigilance , While Warning of Increased , Risk of Terrorism.
On October 31, FBI Director Christopher Wray
warned of an increased threat against the
United States amid Israel's war..
Credit: Wibbitz Top Stories Duration: 01:30Published
Oil prices fell over $1 as diplomatic efforts eased Middle East tensions. Brent crude dropped to $91.49, WTI to $87.26. Concerns of supply disruption waned as Israel paused a Gaza incursion. Aid..
Government bond yields increased due to a rise in oil prices and uncertainty about the central bank's decision on additional supply. The spike in crude prices,... IndiaTimes
The World Bank has warned that oil prices could reach unprecedented levels if the violence between Israel and Hamas escalates. The conflict has raised concerns... IndiaTimes
Oil prices dropped on Thursday due to an increase in US crude stockpiles and a rise in the dollar index. Brent crude futures declined by 0.3% to $89.95 a barrel,... IndiaTimes
Monday, 9 October 2023
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