Why Oil Prices Fell After Iran's Missile Strike
14 Articles
14 Articles
Stocks Surge (SPY) as Oil Prices Plunge on Iran’s Limited Missile Response
Wall Street rallied as investors interpreted Iran’s calibrated missile strike on a U.S. air base in Qatar as largely symbolic, sending the S&P 500 (SPY) up nearly 1%. Oil plunged below $70 a barrel, alleviating immediate inflation concerns and weakening the dollar. Traders credit
The price of oil plummets after Iran's US-based attack in Qatar, after it was confirmed that the Strait of Ormuz remains open and there is no damage to infrastructure.
Contrary to the fears of the global community following the Iranian attack, oil prices have started to decline.
Lower oil more than 7%; Mixed results in markets – The Observatorial
After the announcement of an Iranian missile attack against the American military base, in Qatar, international oil prices fell more than 7 percent yesterday. This behavior was totally opposed to the one who expected the market. According to analysts, the crude would approach $ 100 per barrel after the United States attacked Iran over the […]
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- 40% of the sources are Center, 40% of the sources lean Right
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