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Oil is likely to be supported by tensions in the Middle East, said Phillip Nova analyst Priyanka Sachdeva, noting that crude oil prices have surged over 18% in June.
Oil prices rallied over 7% today after Israeli airstrikes on Iran. This elevated geopolitical uncertainty and requires the ...
Global energy executives gathered in the Malaysian capital on Monday for an industry conference with an eye on the dramatic escalation in the conflict between Israel and Iran, which has fuelled ...
Smoke billowed above fuel tanks in Tehran and gas plants on Iran’s south coast on Sunday as energy became the latest front line in its conflict with Israel. Iran’s creaking energy sector, starved of ...
The latest escalation in tensions in Iran has paved the way for the return of risk premiums on oil prices once again.
Rising Middle East tensions have driven oil prices higher, potentially boosting Texas Pacific Land's future earnings. Read ...
Rather, it is geopolitical factors—specifically, escalating tensions in the Middle East—that are unsettling markets and ...