Oil prices set for swings next week as US-Israel strikes raise supply uncertainty
Oil prices set for swings next week as US-Israel strikes raise supply uncertainty
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Oil prices jumped on reports that Israel is preparing to strike Iranian nuclear facilities. Traders fear any attack could threaten crude supplies from Iran, the third-largest producer in the OPEC group of oil exporters https://reut.rs/4jcdV1q | Reuters
1:42
Oil prices jumped on reports that Israel is preparing to strike Iranian nuclear facilities. Traders fear any attack could threaten crude supplies from Iran, the third-largest producer in the OPEC group of oil exporters https://reut.rs/4jcdV1q | Reuters
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Oil prices jump and stocks tumble following Israel's attack on Iran
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npr.org
3:31
#Israel’s economy is under severe strain as the costs of the #Gaza war mount. In 2024, war expenses reached $11 billion, forcing the government to borrow over $71 billion and pushing the budget deficit to 7.7% of GDP. Bloomberg reports indicate that planned austerity measures, including a 1% VAT hike, have exacerbated living costs, inflating food, water, and energy prices. Non-profits report a surge in families seeking financial aid, while emigration rates from occupied territories have doubled,
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