Israel-Iran escalation sparks oil prices surge, markets brace for...

Dununu.com Dununu

Sponsorluk

Israel-Iran escalation sparks oil prices surge, markets brace for supply shock; Hormuz chokepoint back in spotlight

RSS Feed Business

Posted

31

Oil prices surged over 7% following escalating tensions between Israel and Iran, raising concerns about potential supply disruptions. Brent crude reached levels unseen since January, with the market closely monitoring the Strait of Hormuz, a crucial oil transit route. Analysts warn of a possible price spike to $130 a barrel if the conflict escalates further, impacting global energy markets.

Read Full Article

Please log in to like, share and comment!

New free Aadhaar update deadline: UIDAI extends last date for free online update; check details

UIDAI has extended the free online Aadhaar update deadline to June 14, 2026, benefiting millions....

By 0 0

'India's blood not meant to be shed': Amit Shah credits PM Modi for tough stance on terror; says UP police modernised only in Adityanat's regime

By 0 0

Wooden bridge construction begins in Maiwakhola through labor donation

TALEJUNG: A wooden bridge construction project has begun in Maiwakhola Rural Municipality in...

By 0 6

'He stands exposed': Congress' Jairam Ramesh takes a jibe at PM Modi over G7 visit

By 0 12

IND vs ENG: Gill opens up on becoming Test captain; says 'not even in my ...'

Shubman Gill, the rising star, is poised to captain the Indian Test team in the upcoming England...

By 0 13