Oil is the ‘key risk to watch’ as Middle East tensions rise, analysts say
Markets saw limited movement Monday, but all eyes are on Israel’s next steps after an Iranian drone and missile strike.
Oil prices could ‘spike well above $100’ if conflict escalates after Iran’s attack on Israel
Iran is home to vast oil resources, and any disruption to its capacity to supply global markets could push prices higher.
Oil prices are set to rise as market braces for Israel response to Iran’s missile and drone barrage
Iran launched more than 300 drones and missiles against military targets in Israel in an attack that President Joe Biden described as "unprecedented."
Morgan Stanley sees ‘hot summer’ ahead for energy sector, gives its favorite picks
The bank has upgraded the energy sector to "attractive" as oil demand forecasts have improved on better-than-expected growth in the major economies.
Oil prices bounce back as Israel reportedly preparing for Iran attack this weekend
Israel is preparing for a direct attack by Iran on southern or northern Israel as soon as Friday or Saturday, The Wall Street Journal reported.
Oil prices slip as inflation fears haunt the market
The Federal Reserve is now expected to start reducing interest rates in September, much later than originally forecast.
Oil prices break two-day losing streak after Israel threatens to strike Iran if attacked
Israel warned OPEC member Iran Wednesday it would attack the Islamic Republic if Tehran strikes Israel.
Oil steady as Israel-Hamas ceasefire negotiations stall, Netanyahu sets date for Rafah offensive
Israel Prime Minister Benjamin Netanyahu vowed late Monday to press on with an offensive against the southern city of Rafah.
Oil prices fall as market watches for Iran retaliation against Israel
A top Iranian military advisor warned Israel over the weekend that its embassies could be targeted.
Surging oil prices may challenge the Federal Reserve’s inflation fight
U.S. crude oil rallied 4.5% last week, briefly touching $87 a barrel Friday.