The price of crude oil has risen and global markets are under pressure as the death toll exceeds 1,100 and Israel begins a “complete siege” of the Gaza Strip.
Category: Gaza Strip
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Oil Prices Jump on Fighting in Israel and Gaza
After flirting with $100 a barrel this summer, crude prices had fallen significantly in the past week on the expectation that demand was waning.
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Israel-Gaza Conflict Could Slow Natural Gas Investment in Area
The fighting could hurt ambitions of Israel and the wider region, which have received a lift from Chevron to become a hub for exporting natural gas to Europe and elsewhere.
