While there have been no major disruptions to the global oil supply so far, the attacks on Iran — by Israel and then the United States — have rattled investors, sending oil futures soaring by around ...
There is considerable speculation that Iran might retaliate for the US's strikes on its nuclear facilities by closing the world's busiest oil shipping channel, the Strait of Hormuz. About 20% of ...
Concern about an escalation of the Israel-Iran war has focused on the waterway. The United States' entry into the Iran-Israel war over the weekend stoked fears of a wider conflict that could spread ...
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