Netanyahu has ordered Israel's military to intensify attacks on "strategic targets" in Iran. Israel will also focus on "government targets" in the country's capital, Tehran, Israel Defense Minister Israel Katz said.
Crude oil analysis: Bullish outlook builds as U.S. stockpiles fall and Israel-Iran conflict threatens OPEC supply through the Strait of Hormuz.
Deposing Iran's Supreme Leader Ayatollah Ali Khamenei and his regime may cause a sustained spike in oil prices
WTI crude slips below $75 as traders weigh geopolitical risks and Fed rate outlook; energy markets remain volatile near key technical levels.
Pavel Molchanov of Raymond James says the only way that higher oil prices can be sustained is if there is an actual disruption to Middle Eastern oil supply, which he does not see happening. He also says that it makes no sense for Iran to block the Strait of Hormuz.
Marcella Chow from JP Morgan Asset Management shares her investment ideas amid slowing U.S. growth, worsening tensions in the Middle East and the push to up defense spending in Europe.
Oil prices slipped on Thursday as investors hesitated to take new positions after U.S. President Donald Trump gave mixed signals on the country's potential involvement in the ongoing Israel-Iran conflict.
Shares of technology companies were flat, as concerns about tariff inflation and rising oil prices offset a boom in tech infrastructure spending.
The CEO of Italian energy company Eni said on Wednesday oil markets are signalling that an escalation between Israel and Iran and the closure of the Strait of Hormuz is unlikely.
Investors are looking for evidence of supply disruption in crude markets as the conflict enters its sixth day.
Natural gas and oil prices stall as OPEC+ output rises, testing support levels while traders eye inventory data and geopolitical risks.
Takahiro Yamamoto, President & CEO of Taiyo Oil says oil price increase and supply disruption could have material impact on its business given 30-40% of its crude import comes from the Middle East region.