TAG: Israel Iran conflict
Will Iran-Israel conflict lead to higher gold and oil prices? Economist Mohamed A. El-Erian says…
Underlining the risk of increased geopolitical tensions amid Iran-Israel crisis on markets, senior economist Mohamed A. El-Erian on Sunday said that the current situation may result in “higher gold and oil prices, and lower US Treasury yields and stocks...
5 months ago
Brent may hit $95/bbl in near-term, Q2FY25 target price raised by $5/bbl on geopolitical risk premium: ICICI Bank
Global crude oil prices continued to rise by two per cent over the last month responding an increase in geo-political tensions, even as physical markets turned less tight. Brent crude prices had breached the $90/barrel mark during the period in a respons...
5 months ago
Oil falls 1% on higher US crude output, Israel-Hamas ceasefire talks; Brent dips to $87/bbl
Oil prices extended losses and fell one per cent on Tuesday, April 30, on the back of rising US crude production, as well as discussions of an Israel-Hamas ceasefire. However, Israeli Prime Minister Benjamin Netanyahu today vowed to go ahead with a long-...
5 months ago