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Rather, it is geopolitical factors—specifically, escalating tensions in the Middle East—that are unsettling markets and ...
Despite recent volatility and rising conflicts between Israel and Iran, Brent crude oil prices are expected to average around ...
The scale of any energy price rises, and the wider impact, will depend on the magnitude of what comes next in the conflict ...
May macro data shows softening U.S. economy, with retail sales and industrial production both missing expectations. Click for ...
Oil prices soared on Friday as tensions in the Middle East flared, with Israel attacking Iranian military and nuclear targets ...
Motorists can expect to pay 12¢ a litre more for petrol within weeks if the oil price spike caused by war in the Middle East ...
Israel's attack on Iran and the U.S.'s rejection of tougher oil sanctions could boost Russia's revenues from its key export.
Middle East is causing a surge in oil prices, which may lead the South African Reserve Bank to reconsider its interest rate ...
He also covers other areas of geopolitics ... a slump in its price poses a further problem for Russia's revenues. The grounds of a fuel tank farm of Russia's oil pipeline giant Transneft as ...
When the fuel climbed from US$14 to US$30 per ... “There are many other factors affecting the price of crude oil, including geopolitics and sudden increases in supply or demand,” he noted.
A price drop benefits any country seeking to cut its fuel bill ... translate into a lower demand for oil,” said Gregory Brew, a specialist on the geopolitics of oil and gas with the Eurasia ...