Iran, Israel and Oil Prices
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UAE Evacuates 24 People From Oil Tanker
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Israel hasn’t attacked Iran’s energy export hubs so far. If it does, China could find itself cut off from a flow of cheap oil.
Global oil demand will keep growing until around the end of this decade despite peaking in top importer China in 2027, as cheaper gasoline and slower electric vehicle adoption in the United States support oil use,
A surging oil price is likely to trigger a depreciation in Asian currencies, notably the Thai baht, Taiwan dollar and Korean won, according to Barclays Plc.
Stocks lost ground in early trading Tuesday, while oil prices moved higher, as investors monitored developments in the escalating conflict between Israel and Iran and digested disappointing economic data.
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The Environmental Protection Agency has told staff overseeing the country’s industrialized Midwest– a region plagued by a legacy of pollution– to stop enforcing violations against the fossil fuel companies,
Markets are concerned about Iran's frequent threats to blockade the Strait of Hormuz, just as the US heads into peak summer demand season.
Russian gas accounted for about 19% of EU imports last year, down from roughly 45% before Moscow’s invasion of Ukraine and oil imports have declined to 3% from 27% in early 2022.
Natural Gas Services (NYSE: NGS) offers essential, high-margin compressor services for oil and gas production, with strong profit growth and a
Wall Street opened slightly lower while oil and gold rose as Tuesday marked the fifth day of fighting between Israel and Iran, with the risk of a widening conflict dampening risk appetite in a week also packed with key central bank decisions.