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Although the U.S. is a net oil exporter, higher oil prices could increase inflation and lower economic growth.
Oil prices are leaping, and stocks are weakening Friday on worries that Israel’s attack on Iranian nuclear and military ...
A sustained surge in oil prices is likely to complicate the U.S. fight against inflation. A $10-a-barrel increase would boost ...
Rather, it is geopolitical factors—specifically, escalating tensions in the Middle East—that are unsettling markets and ...
Ukrainian President Volodymyr Zelenskyy says rising global oil prices following Israeli strikes on Iran will strengthen ...
The recent Israel-Iran conflict led to a dramatic shift in the markets as the price of the benchmark Brent crude oil rose ...
Diamondback Energy stock rose 5% and Occidental Petroleum rose nearly 5% as a swathe of energy-related stocks reacted to a ...
Oil prices rose more than 9 percent and the Asian stock market dived on Friday morning after Israel launched attacks on Iran. Brent surged to $78 a barrel in the biggest intraday gain since March 2022 ...
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