Critical energy infrastructure in Israel and Iran has not escaped unscathed from the first few days of the countries' escalated conflict. Worst-case scenarios have yet to be realized, but the war is already having a notable impact on energy production and exports in both countries.

Wall Street has all but dismissed the threat of a shock from the conflict. But the danger hasn’t completely passed, and other dangers are building.

The escalating conflict between Iran and Israel could have serious economic implications for Indian households, primarily through the global oil market. Given that India imports over 85 per cent of its crude oil requirements,

Investors were on edge as financial markets reopened on Sunday, with crude oil prices initially up near 4% as markets were gripped by the escalating threat of a sweeping conflict in the Middle East. U.

Israel launched a series of airstrikes across Iran early Friday, targeting critical nuclear facilities in Iran.

What is the biggest US crypto news today? JPMorgan says an attack on Iran could spike oil prices to $120, driving US CPI inflation to 5%.

The initial round of Israeli attacks sent oil prices 7 percent higher on Friday. Still, at about $74 a barrel, Brent crude remains below the $80 average for 2024, the Deutsche Bank analysts wrote. The market continued to waver, though, and by Monday, oil prices had fallen about 3 percent.