Energy prices continued to rise on Tuesday as attacks by the United States and Israel on Iran intensified, along with the country’s response.
Category: Strait of Hormuz
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Oil and Natural Gas Prices Extend Rally as Iran Attacks Escalates
The New York Times – Business: -
Trump’s ‘Whatever It Takes’ Rattles Global Markets
The New York Times – Business:President Trump has signaled that he is open to the idea of a prolonged military conflict with Iran. Investors are spooked by that scenario.
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Oil Shipments in Persian Gulf Already Disrupted by Iran Attack
The New York Times – Business:Tankers have begun to steer clear of the region and the Strait of Hormuz, threatening to push up energy prices.
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Iran Releases Tanker It Seized From the Strait of Hormuz
The ship had lost contact with its managers while traveling near Iran on its way to Singapore last week. All 21 members of the crew are safe.
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White House Faces Risk of Economic Fallout From Iran Strike
President Trump, aware of how high gas prices could affect his popularity, demanded on social media that the U.S. “KEEP OIL PRICES DOWN.”
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Oil Markets on Edge After American Bombing of Iran
Fighting has the potential to disrupt oil markets, but a move by Iran to cut off supply would chiefly hurt China, the biggest buyer of Iranian oil.
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The Markets Are Balancing on a Knife’s Edge
The world has been anything but peaceful, but you wouldn’t know that from looking at the markets.
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Trump’s Two-Week Iran Notice Gives Markets a Lift
The president said he could take that long to decide whether to join a military fight against Iran. But that does little to quell investor uncertainty.
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Oil Tanker Collision Near Strait of Hormuz Raises Security Fears
The accident, which the United Arab Emirates said was unrelated to the conflict between Israel and Iran, comes amid increased reports of GPS jamming.
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Oil Prices Climb as Trump Calls for Iran’s ‘Surrender’
They rose more than 4 percent as traders wondered if the United States would take a more active role in the conflict between Israel and Iran.
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Profits of Doom: Why Investors Seem to Shrug Off War
The Israel-Iran clash seemingly has no end in sight — a prospect that does not seem to be panicking the markets.