Oil prices jump more than 3%, adding to last week's surge, as Israel strikes Iran energy facilities
Israel hit two natural gas processing facilities in Iran as well as an oil depot.
Oil Futures Climb Nearly 5%
The greatest risk the oil markets face is that Iran retaliates against Israel airstrikes by closing the Strait of Hormuz, which is critical to global energy shipments.
Oil News: Tensions at Hormuz Threaten 20M bpd Oil Flow, Fueling Price Surge
Tensions at the Strait of Hormuz risk 20M bpd in crude oil flow, fueling a sharp rally in oil futures and boosting market volatility.
$100 Oil Price Swings Ahead?
Sam Stovall thinks oil prices can move over $100 a barrel, with a base case of $65/barrel. Looking at stocks, he says that the ones that are “most beat up” tend to see the biggest rebounds, and points to a few potential opportunities.
Here's How Oil Could Climb to $120 a Barrel, Strategists Say
Almost a third of the global seaborne oil trade moves through the Strait of Hormuz. Any interruption could send crude prices soaring.
Middle East Tensions Escalate, Oil Prices Jump
Centerview Partners Senior Counselor Richard Haass says that while geopolitical tensions cause fluctuations in prices, there would have to be ongoing conflict to see a sustained upward move in oil prices. -------- More on Bloomberg Television and Markets Like this video?
RBC's Helima Croft talks state of crude oil markets amid escalating Middle East conflicts
Helima Croft, RBC, joins 'Closing Bell Overtime' to talk the state of the crude oil market amid rising tensions in the Middle East.
Stocks Fall, Oil Prices Surge After Israel Attacks Iran
Bond yields climb, gold hits a record and this week in markets ends on a volatile note.
Sustainability of oil price moves will ultimately define impact on equities, says Schwab's Sonders
Liz Ann Sonders, Charles Schwab, joins 'Closing Bell' to discuss the impact of the conflict between Iran and Israel, the Federal Reserve and much more.
Israel-Iran conflict unlikely to cause oil supply disruption, says Energy Aspects' Richard Bronze
Energy Aspects' Richard Bronze and Pickering Energy Partners' Dan Pickering, join 'The Exchange' to discuss the Israel-Iran conflict and how it may impact the oil sector.
Why the Strait of Hormuz is now a primary focus of worry for oil prices and the global economy
Israel's military strikes against Iran are raising concerns that Tehran could retaliate by closing the Strait of Hormuz, potentially disrupting oil and gas supplies and unleashing a fresh wave of inflation across the globe.
Oil, Iran And Israel: It's About Uncertainty, Not The Barrels
Oil prices surged after the massive Israeli attacks on Iran because of fears that the violence will continue (which is likely) and spread (less clear). Israel has been emboldened by its success against Hezbollah and Hamas, as well as earlier strikes against Iran's military and especially air defense systems.
