
Oil price expected to surge as result of US-Israel strikes on Iran
Markets around the world could tumble on Monday and motorists are likely to pay more at the pump What the strikes on Iran mean for oil prices US–Israeli war on Iran – latest updates The price of…
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Oil price expected to surge as result of US-Israel strikes on Iran
Markets around the world could tumble on Monday and motorists are likely to pay more at the pump What the strikes on Iran mean for oil prices US–Israeli war on Iran – latest updates The price of oil is expected to soar on Monday while stock markets could tumble as the US-Israel war on Iran rattles investors. US crude oil is on track to rise by 9% when trading resumes, according to data from the broker IG, after Tehran said on Saturday it had effectively closed the strait of Hormuz, a key o...
By Graeme Wearden
Read full article →As investors wait for crude-oil trading to reopen amid Iran conflict, shares of the world’s biggest producer are climbing
Oil futures will begin trading later on Sunday. Saudi Aramco shares were climbing as trading resumed in Saudi Arabia, possibly hinting that crude is headed for a surge.
By Barbara Kollmeyer
Read full article →Coverage Timeline
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