Escalation in West Asia can disrupt global oil markets and affect India’s economy, says CPI leader Narayana
Slamming the ‘authoritarian’ policy of the U.S., the CPI leader calls for balanced diplomacy, rooted in peace and mutual respect
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Slamming the ‘authoritarian’ policy of the U.S., the CPI leader calls for balanced diplomacy, rooted in peace and mutual respect
A JOINT US-Israeli attack on Iran threatens to close the Strait of Hormuz and disrupt global oil supply, leading to price increases and fears of a wider conflict in the Middle East.

Global oil markets, which are closed over the weekend, are expected to experience price fluctuations next week, as the impact of US and Israeli attacks on Iran on oil supply from…

The US and Israeli strikes against Iran could severely disrupt the global supply of crude oil and send prices soaring to levels not seen in years. – Major producer – Iran remains just inside the world’s top 10 oil producers even though its output has fallen sharply since the 1970s, hit in particular by rounds […] The post How US strikes on Iran will affect oil market – Report appeared first on Vanguard News.

Pakistan is expecting an increase of Rs4.50 to Rs7 per litre in petrol and diesel prices for the next fortnight due to an upward trend in international oil markets.
OPEC+ is expected to resume increases in oil output, according to Kpler, a move that could impact global oil markets.
The Dow, S&P 500, and Nasdaq indices all turned lower, influenced by fluctuating oil prices, Walmart's performance, and ongoing speculation regarding future interest rate cuts.

While there are buffers of supply, spare capacity will come under pressure in the event of any further escalation
How will US, Israeli strikes on Iran affect oil markets? NZ Herald

Oil markets, currently closed for the weekend, could face significant price fluctuations next week, as it is still unclear what impact US and Israeli strikes will have…
Israel, Iran Close Airspace for Flights After Strike on Tehran Bloomberg.com
Palm oil prices are tracking higher, following trends observed in Dalian and Chicago vegetable oil markets.
Oil traders are reportedly rushing to hedge against risks associated with Iran, following a volatile start to the year in the oil markets.
Dubai stocks experienced their largest surge since 2014, with traders looking beyond traditional oil markets and focusing on AI-driven growth.

The closure of the Strait of Hormuz and US-Israeli strikes in Iran are reigniting the specter of a surge in crude oil prices.
Delegates earlier said they would likely agree to a modest increase of 1,37,000 barrels per day in oil output for April, as the group readies for summer demand, led by the U.S. driving season
Oil prices jolted higher on Friday, booking their biggest daily gain in over a week, after President Trump signaled the window for using diplomacy to end Tehran’s nuclear program may be closing.

BMO is predicting REITs will move even higher.
Oil traders are quickly moving to hedge against potential risks related to Iran following a highly volatile beginning to the year in the oil markets.