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In early 2025, oil prices crashed to nearly $60 a barrel but rebounded to $75 due to the recent conflict.
Although the U.S. is a net oil exporter, higher oil prices could increase inflation and lower economic growth.
Ukrainian President Volodymyr Zelenskyy says rising global oil prices following Israeli strikes on Iran will strengthen ...
A sustained rise in the price of crude oil, which jumped sharply after Israel attacked Iran, could hurt consumers and ...
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 ...
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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