Oil Prices Surge as Israel Carries Out Airstrikes on Iran
Friday, 19 April 2024 () Israel launched missile strikes against Iran in the early morning hours, a U.S. official told ABC News today. The news was later confirmed by Iranian media, which said the country’s air defense system took down three drones over the city of Isfahan, according to Al Jazeera. Flights to three cities including Tehran and Isfahan were suspended, Iranian media also reported. The news of the Israeli strike prompted a sharp spike in crude oil prices, which gained $3 per barrel earlier in the day. "If these reports turn out to…
Oil prices surged by more than four percent on Friday following Israel's missile strikes on Iran, amplifying concerns of heightened tensions in the West Asia region. The global benchmark, Brent crude, soared to $90.54 per barrel, while US West Texas Intermediate (WTI) crude futures spiked by 4.06...
Critical discussion on US policy in the Middle East alongside esteemed scholar Jeffrey Sachs. As tensions escalate in the region, particularly amidst Israel's ongoing conflict with Gaza and..
Last week, Iran's Isfahan province faced drone and missile strikes, rumoredly from Israel, targeting nuclear facilities and air defences. Satellite imagery revealed damage to Russian-made S-300 missile..
Friday, 19 April 2024 ()
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