No huge oil price spike - how the market outmanoeuvred worst-case...

Dununu.com Dununu

Patrocinados

No huge oil price spike - how the market outmanoeuvred worst-case scenarios

RSS Feed Business

Posted

41

Oil markets quickly recovered after Israel's strike on Iran, with Brent crude falling below $70 a barrel. Tehran's muted response, including a symbolic missile attack, eased fears of supply disruptions. The global oil system proved resilient due to increased US production, OPEC+ output, and strategic reserves, suggesting a larger crisis is unlikely despite existing geopolitical tensions.

Read Full Article

Please log in to like, share and comment!

Economic Digest: Nepal’s Business News in a Snap

KATHMANDU: Economic Digest offers a concise yet comprehensive overview of significant business...

By 0 14

Top stocks to buy today: Stock recommendations for June 26, 2025 - check list

Top stock market recommendations: Nuvama Professional Clients Group's Aakash K Hindocha...

By 0 20

SC pulls up UP jail dept for violating liberty of a person; orders to pay ' Rs 5 lakh to man detained for month despite bail

By 0 21

US-Iran conflict: Trump may ease oil sanctions on Tehran to help in rebuilding country; says 'they're going to need money'

US President Donald Trump hinted at potentially easing Iran oil sanctions to aid the nation's...

By 0 43

Prime Minister Oli to embark on official visit to Spain

KATHMANDU: Prime Minister (PM) KP Sharma Oli is set to embark on an official visit to Spain this...

By 0 52