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Oil News: Crude Oil Soars 13% After Israel Strikes Iran in Major Escalation
Israel's airstrikes on Iran push crude oil up 13%, threatening 3.3M barrels daily—traders react fast.
This crucial corner of the energy market is at high risk from an all-out war between Israel and Iran — and it's not oil
An all-out war between Israel and Iran would pose a serious threat to eastern Mediterranean natural-gas fields — and risk spilling into Europe's liquefied natural gas supply.
Oil prices surge after Israel said it struck Iran
Crude oil prices surged after Israel launched strikes at Iran. West Texas Intermediate and Brent crude oil futures saw significant price increases.
Oil prices jump more than 5% after Israel launches airstrikes against Iran
Crude oil futures surged Thursday evening after Israel launched airstrikes against Iran.
Oil prices spike, U.S. stock futures fall as Israel strikes targets in Iran
Oil futures shot higher and U.S. stock-market futures sank Thursday evening on reports that Israel was attacking sites in Iran.
Crude Oil Price Forecast: Hits Resistance at 200-Day Moving Average
Crude oil extended its rally Thursday, reaching $69.16 before resistance set in. Technical targets suggest potential continuation toward $72 to $75 if momentum holds or following a pullback.
Oil ETFs Surge on Iran Tensions: Can the Rally Last?
USO ETF surged 4% on June 11 as crude spiked on Iran tensions and a surprise U.S. inventory drop. However, hopes of diplomacy may cause oil price correction ahead.
Saudi Arabia Is Grabbing Oil-Market Share, but It Can Open the Tap Only So Far
Riyadh wants to squeeze U.S. frackers, although an all-out price war would be costly.
Oil Prices Retreat. Investors Weigh Up China Deal and Middle East Tensions.
Various factors, including the start of summer driving season, have likely driven a recent crude spike.
Natural Gas and Oil Forecast: Crude Rally Pauses as Inflation Data Fuels Fed Speculation
WTI crude eases after hitting $68.75 as supply fears and Fed rate cut bets drive oil and gas market volatility.
Oil prices tick up on worries of escalating US-Iran tension
Oil prices edged higher on Thursday to their highest in more than two months, after U.S. President Donald Trump said U.S. personnel were being moved out of the Middle East, which raised fear that escalating tensions with Iran could disrupt supply.
Oil prices rise more than 4% on escalating Middle East tensions
The U.S. is preparing a partial evacuation of its embassy in Iraq due to heightened security risks in the region, sources told Reuters.
