Energy security... the Escalation in Iran Is Recalculating China.
6 Articles
6 Articles
The escalation of the Iranian file threatens navigation and raises oil prices, prompts China to call for calm and speed the shift towards electric vehicles to reduce the vulnerability of its economy to energy shocks.
This much is certain: the market is expecting the Iran war to drag on.
Oil exceeding $100 per barrel may appear to be the beginning of the trend towards higher levels, but José Torres, the chief economist of the Internet Prokers, believes that this level may be precisely the point that US President Donald Trump is changing his calculations towards Iran. According to Torres, the approach of crude prices to $100 represents a critical resistance point for [...] the article on the Internet Prokers: Over $100 oil could …
The price of oil rubs 100 dollars after the escalation in the Middle East. Asian bags resist and the KOSPI rises 2%. The entry The price of oil shoots towards 100 dollars and sinks the Asian bags by the escalation in the Middle East aparece primero en Merca2.
The US stock exchanges declined on Wednesday. At the end of trading in New York, the Dow was calculated at 52,380 points, a decrease of 0.8 percent compared to the previous trading day. A few minutes earlier, the broader S&P 500 was 0.5 percent in the minus with around 7,635 points, while the Nasdaq 100 technology exchange calculated the Nasdaq 100 at that time at around 29,420 points 0.3 percent in the minus. Also on Wall Street, the oil price,…
International oil prices are on track to approach the psychological threshold of $100 per barrel, directly influencing the behavior of investors.
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