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Iran, Israel
Israel's strike back at Iran could hurt the Harris campaign in its final stretch if gas prices soar
Israeli and US officials have indicated Iran's oil facilities could be a potential target in retaliation for its massive missile strike.
Oil prices climb with Israel considering strikes on Iranian oil facilities
As the Middle East waits to see how Israel will respond to Tuesday's massive missile attack by Iran, oil prices have risen over the prospect of possible Israeli strikes on Iran's oil facilities. CBS News foreign correspondent Ramy Inocencio has more.
Oil Prices Jump After Biden Says ‘Discussing’ 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.
Oil prices set for 10% weekly rise
What's next for oil and gas prices as Middle East tensions heat up?
Oil prices rose than $6 per barrel (5.47 euros) this week and prices at the pump moved higher as well. The average price for a gallon of gas rose 5 cents from last week. Any major escalation of tensions in the Middle East conjures up memories of the oil embargo that followed the start of the Yom Kippur war in 1973, which quadrupled oil prices.
Oil settles up, biggest weekly gains in over a year on Middle East war risk
Oil prices rose on Friday and settled with their biggest weekly gains in over a year on the mounting threat of a region-wide war in the Middle East, although gains were limited as U.S. President Joe Biden discouraged Israel from targeting Iranian oil facilities.
Nymex Overview: Oil Up, Complex Set for Big Weekly Rise on Mideast Conflicts -- OPIS
Stronger-than-expected U.S. jobs data for September, however, kept oil futures from rising further because the report sharply strengthened the U.S. dollar and reduced the probability of another large interest-rate cut by the Federal Reserve in October.
22h
on MSN
Oil prices set for big weekly gain as traders await Israel’s response to Iranian missile attack
Oil futures headed higher on Friday, with Brent prices on track to post a gain of more than 9% for the week, as tensions in ...
1d
on MSN
Oil Jumps After Biden Comments on Israel Retaliation
Oil surged as the market braced for the possibility that Israel's retaliation against Iran includes strikes on the country's ...
1d
Why Biden’s ‘Off The Cuff’ Quip On Israel Targeting Iran’s Oil Has Rattled Market
An already spooked energy market received further jitters on Friday after U.S. President Joe Biden suggested Israel targeting ...
1d
Oil Surges After Biden Says U.S. Discussing Israel Attack on Iran Facilities
A calm 2024 for petroleum prices has given way to bets that a spike in energy prices could follow.
3d
Why the Conflict Between Iran and Israel Has Raised Oil Prices Only Modestly
The fighting is increasing fears about oil supplies, but those worries are offset by greater global production and slowing ...
1d
Oil Prices Shot Up This Week. How High Will They Go?
Oil markets are on edge this week as traders try to anticipate impacts on oil supplies from a potential major retaliation on ...
21h
Oil Prices Jumped at Steepest Weekly Rate in 18 Months
Oil prices' steepest weekly rise since March 2023 began when Iran's historic missile strike on Israel Tuesday rekindled fears ...
1d
Live updates: Israel targets presumed new Hezbollah leader in massive Beirut strikes; Iran's supreme leader speaks after missile attack
Follow NBC News' live coverage as the IDF targets Hezbollah leaders in Beirut and Iranian Supreme Leader Ayatollah Khamenei ...
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