Crude Prices Climb as Israel-Iran Conflict Threatens Oil Flow Oil prices have surged due to escalating tensions in the Middle East, with Brent crude and WTI futures both rising over 5% to reach one-month highs. The market is concerned about potential disruptions to global oil supply, particularly if Israel targets Iranian oil infrastructure. President Biden’s ambiguous comments about supporting such actions have further fueled speculation, while Iran’s significant oil production capacity adds to the market’s unease. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts ETFs See Unprecedented July Inflows as Markets Anticipate Fed Action READ MORE Copper Prices Hit Record Highs Indicating Economic Resurgence READ MORE China Launches Massive $140 Billion Bond Sale to Fuel Economic Growth READ MORE Facing Facts: ‘Cautiously Bullish’ on Gold in 2024 READ MORE Zimbabwe Will Attempt to Create Gold-Backed Currency READ MORE Add a Comment Cancel replyYour email address will not be published. Required fields are marked *Name * Email * Save my name, email, and website in this browser for the next time I comment. Comment