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01.03.26 - 12:54
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Oil price expected to surge as result of US-Israel strikes on Iran (The Guardian)
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Markets around the world could tumble on Monday and motorists are likely to pay more at the pumpWhat the strikes on Iran mean for oil pricesUS–Israeli war on Iran – latest updatesThe price of oil is expected to soar on Monday while stock markets could tumble as the US-Israel war on Iran rattles investors.US crude oil is on track to rise by 9% when trading resumes, according to data from the broker IG, after Tehran said on Saturday it had effectively closed the strait of Hormuz, a key oil chokepoint, reportedly prompting the halt of some oil shipments. Continue reading......
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