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What an Escalating Middle East Conflict Could Mean for the Global Economy

Iran Israel Middle East Oil (Petroleum) and Gasoline Prices (Fares, Fees and Rates) United States International Relations

What an Escalating Middle East Conflict Could Mean for the Global Economy

The biggest risk is a sustained increase in oil prices.

By Sarah Kessler

Jobs and Oil Prices Are Keeping Markets on Edge

Biden, Joseph R Jr Federal Reserve System internal-storyline-no Iran Israel Labor and Jobs Oil (Petroleum) and Gasoline Powell, Jerome H United States Economy

Jobs and Oil Prices Are Keeping Markets on Edge

Friday’s jobs report could bolster the view that the American economy is holding steady, but an oil price shock could undercut that sense of calm.

By Andrew Ross Sorkin Ravi Mattu Bernhard Warner Sarah Kessler

Oil Price Jumps After Biden Says ‘Discussing’ Potential Israeli Strike on Iranian Facilities

Biden, Joseph R Jr Embargoes and Sanctions Hezbollah International Relations Iran Iran-Israel Proxy Conflict Israel Israel-Gaza War (2023- ) Missiles and Missile Defense Systems Netanyahu, Benjamin Oil (Petroleum) and Gasoline Prices (Fares, Fees and Rates) United States International Relations War and Armed Conflicts

Oil Price Jumps After Biden Says ‘Discussing’ Potential Israeli Strike on Iranian Facilities

The president was asked about a potential strike on the oil infrastructure of Iran, which accounts for about 2 percent of the world’s supply.

By Jason Karaian and Stanley Reed

Iran-Israel Fighting May Cause Oil Prices to Jump, Analysts Warn

Hamas Hezbollah internal-storyline-no Iran Israel Middle East Oil (Petroleum) and Gasoline

Iran-Israel Fighting May Cause Oil Prices to Jump, Analysts Warn

An escalation of fighting between Israel and Iran could cause oil prices to spike and send a chill through the global economy.

By Andrew Ross Sorkin Ravi Mattu Bernhard Warner Sarah Kessler