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Oil Prices Drop, but Iran-Israel Conflict Raises Many Risks
The initial round of Israeli attacks sent oil prices 7 percent higher on Friday. Still, at about $74 a barrel, Brent crude remains below the $80 average for 2024, the Deutsche Bank analysts wrote. The market continued to waver, though, and by Monday, oil prices had fallen about 3 percent.
Implied volatilities jumped higher across asset classes last week as Middle East tensions escalated. Click to read.
A surging oil price is likely to trigger a depreciation in Asian currencies, notably the Thai baht, Taiwan dollar and Korean ...
Stocks lost ground in early trading Tuesday, while oil prices moved higher, as investors monitored developments in the ...
Wall Street opened slightly lower while oil and gold rose as Tuesday marked the fifth day of fighting between Israel and Iran ...
This latest iteration of the Middle East crisis is both familiar and unfamiliar. We’re all back obsessing about the oil price ...
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