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It's Not Just Oil. The Iran War Sparked a Supply-Chain Mess That's Hitting Tech, Medicine, and More.
Fallout from the Middle East conflict is rippling through the global economy—and growing worse the longer it lasts.
What smart people are saying about oil's latest spike to nearly $120 a barrel
Energy gurus say Thursday's spike in oil and gas prices may be just a taste of what's coming. They warned of roiling markets, shipping chaos, rising food prices, and severe economic pain.
Oil News: Crude Oil Analysis Signals Breakout as Middle East War Escalates
Crude oil futures rise as Middle East attacks fuel supply fears. Bullish oil outlook builds with Brent near $120 and WTI approaching $100.
JPMorgan cuts S&P 500 target as analysts say the domino effects from oil-price shock aren't baked in
JPMorgan's strategists are concerned about the geopolitical overhang on the U.S. equity market while Panmure Gordon is worried about the second and third order impacts of a sustained oil price shock
Oil prices surge after Iran attacks Middle East energy facilities
U.S. President Trump warns of devastating response if Tehran persists in targeting the region's oil and gas production.
Oil Prices Surge. Trump Says U.S. Will Strike Key Gas Field If Iran Hits Qatar.
Crude surges again as the conflict in the Middle East escalates, with several natural gas facilities in Qatar facing missile strikes.
Oil prices surge as Iran counterattacks send markets reeling
Escalating conflict in the Middle East sent global markets sharply lower on Thursday after Iran launched attacks on energy infrastructure across the region, pushing oil and gas prices to multi-year highs. Brent crude, the international oil benchmark, jumped 6.7% to $114.77 a barrel, having climbed from $102 to $109 the previous afternoon, as traders priced in the risk of prolonged supply disruption.
Oil Prices Surge After Middle East Strikes: Is Crude Heading Toward $150 Next?
Oil prices surge as Middle East tensions and attacks on key energy infrastructure raise supply concerns, while strong technical breakouts and geopolitical risks keep the market biased toward further upside.
The Iran conflict might take as long as the 2022 ‘oil shock' to blow over: TS Lombard
Returning to business as usual in the global oil market might now take months — not weeks — to achieve, according to TS Lombard.
US central bank predicts inflation rise from Iran war as oil prices surge again
The US central bank has raised its forecast for inflation as the Iran war-linked surge in global energy prices threatens self-inflicted damage on the world's largest economy.
No Rate Cut Until December? How Crude Oil & Iran Upset Fed's Dual Mandate
"The big action is going to be in the summary of economic projections and, of course, the press conference," says Joe Brusuelas on Wednesday's interest rate decision from the FOMC. He's leaning toward December for the next rate cut due to the committee staying "cautious" until the U.S.-Iran uncertainty subsides.
Fed's Powell to deliver a gut check for markets as stocks climb alongside oil prices
Federal Reserve Chair Jerome Powell is due to speak Wednesday on the economy and interest rates for the time since the start of the Iran conflict.
