How The Israel Iran War Impacts Crude & Fuel Prices | Explained

Описание к видео How The Israel Iran War Impacts Crude & Fuel Prices | Explained

Crude oil prices have risen 8% since Monday to around $77 per barrel due to escalating tensions between Iran and Israel. The increase followed Iran's missile attack on Israel, following which, Prime Minister Benjamin Netanyahu vowed "significant retaliation within days". Reports indicate Israel may target Iranian economic facilities, including refineries and power plants. Despite previous reassurances from traders, such an attack could have serious implications for global oil supply.

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