TAG: Israel
Oil prices ease on Middle East ceasefire talks
Crude prices gained around 4% last week on escalating geopolitical tensions, but looking at geopolitics is just one part of the picture. IGTV's Angeline Ong explains how supply, demand and OPEC affect the direction of oil prices. (AI Video Summary) A...
6 months ago
Beat the street: Traders eye latest Middle East tensions; Netflix; Boeing; American Express; P&G
Netflix shares indicated lower dropped after the company forecast current-quarter revenue below estimates. American Express, all-sessions, reverse course after its earnings. Procter & Gamble’s Q3 sales missed the street. Plus, Boeing to bring flying c...
5 months ago
Iran-Israel conflict: Strait of Hormuz blockade could trigger Oil and LNG price surge, analysts warn
Analysts have warned that if Iran were to block the Strait of Hormuz, a vital passage for countries like India to import crude oil from Saudi Arabia, Iraq, and the UAE, both oil and LNG prices could soar, potentially leading to inflation spikes.The confli...
5 months ago
Geopolitical tensions ratcheting up in the Middle East. What’s next?
Overview Risk assets were spooked overnight, as geopolitical tensions were cast into the limelight with an attack on Israel by Iran. This is the second direct attack from Iran this year, with the latest move coming as a response to the killing of its Hezb...
2 weeks ago
What’s next for the crude oil price after the escalation in Middle Eastern geopolitical tensions?
Geopolitical tensions escalate Crude oil prices have climbed further this morning, trading at $70.96 (+1.66%) as Middle Eastern tensions threaten to escalate. Following Israel's latest military operations against Iranian proxies, Iran launched around 200...
2 weeks ago
Middle East crisis to have no immediate impact on India; may provide impetus to renewable energy transition: economists
India must accelerate its shift towards renewable energy despite the ongoing geopolitical crisis in the Middle East, according to Suma Chakrabarti, chair of the board of trustees at the Overseas Development Institute (ODI) and co-chair of the Emerging Mar...
1 week ago