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Oil Prices Crash After Iran Strikes U.S. Bases
14 Articles
14 Articles
According to the original report, the futures of oil fell almost 6% after Iran launched missiles at a U.S. air base in Qatar, in response to U.S. attacks on Iranian nuclear facilities.This movement could be a sign of a desire to deescalate the situation, according to the Associated Press.Fluctuations in crude oil pricesBrent crude, which is the international benchmark, fell to $72 per barrel, while the West Texas Intermediate fell below $70 per …
Oil Prices Crash After Iran Strikes U.S. Bases
Just hours after the U.S. launched attacks on Iran’s uranium enrichment facilities, the Iranian parliament expressed support for shutting down the Strait of Hormuz—one of the world’s most critical routes for fossil fuel transportation, particularly oil and LNG. The Middle East conflict, which began on June 13, 2025, following Israeli airstrikes targeting Iranian military bases and commanders, has now entered its tenth day. The situation escalate…
Following US air strikes against Iranian nuclear facilities, the conflict in the Middle East continues to escalate. Oil markets are responding to growing tensions with significant price increases.
The price of oil collapses after the Iranian attack URGENT: Oil collapses After the Iranian attack – Analysis of news and immediate impacts The market... The post The price of oil collapses after the Iranian attack appeared first on World News.
European oil yielded 4.77 percent, up to $71.88, while West Texas Intermediate (WTI), key to the US market, left 5.32% and remained at $69.90.
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