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Conflict in the Middle East could accelerate a global reckoning for oil—and
“Decapitation is not the end,” says John Authers on Bloomberg. “Anne Boleyn’s lips moved as her head was displayed to the crowd after her execution.” The assassination of Iran’s supreme leader Ayatoll
Issue of the week: the oil and gas ...
“Was that it?” A friend who used to be in the oil business and has seen quite a few spikes in the oil price was underwhelmed by Monday’s increase of around 7% in the price of Brent crude. The move was
Monday was “one of the wildest days” the oil market “has ever seen”, says Malcolm Moore in the Financial Times. Brent crude prices rocketed as high as $119 on dire warnings of production shutdowns in
By attacking Iran, the U.S. has disrupted a second source of cheap oil to its biggest rival in a matter of weeks
The US-Israeli war on Iran, and Iran’s military response – and the de facto closure of the critical Strait of Hormuz chokepoint – have shaken financial markets across the world. The war has sent oil a