What’s Keeping a Lid on Oil Prices During War in Middle East
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Worries over potential disruptions stemming from the Israel-Iran conflict are impacting the oil shipping industry.
British equities opened lower on Tuesday with the ongoing hostilities between Iran and Israel weighing on market sentiment, and causing an investor shift to safe-haven assets.
Asian Markets stared the trading week on a optimistic note with most of the indices closing in green amid geopolitical tensions.
Wall Street indexes shed more than 1% on Friday as oil prices surged 7% after Israel and Iran traded air strikes, feeding investor worries that the combat could widely disrupt oil exports from the Middle East.