Financial markets could still avoid panic amid oil price risk in Middle East crisis

Financial markets could still avoid panic amid oil price risk in Middle East crisis

Oil, Commodities, Middle East and north Africa, Shipping industry, Economics, Business, World news, Iran, Israel, Yemen Business | The Guardian

​Oil prices rose by more than 4% as Israeli troops moved into Lebanon and Iran launched missiles on IsraelMiddle East crisis – live updatesAs Israeli troops moved into Lebanon and Iran launched a missile attack on Israel, the risk of a jump in oil prices that could trigger another global inflation shock appeared to be materialising.Oil prices rose by more than 4% to about $75 a barrel on Tuesday. Continue reading… 

Oil prices rose by more than 4% as Israeli troops moved into Lebanon and Iran launched missiles on Israel

Middle East crisis – live updates

As Israeli troops moved into Lebanon and Iran launched a missile attack on Israel, the risk of a jump in oil prices that could trigger another global inflation shock appeared to be materialising.

Oil prices rose by more than 4% to about $75 a barrel on Tuesday.

Continue reading… 

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