Tensions in the Middle East threatens the disruption of oil - London Business News | Londonlovesbusiness.com
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from London Business News | Londonlovesbusiness.com8 months ago
It was the latest escalation in the Middle East that led to a significant rebound in oil prices. Will the OPEC+ decision boost prices further?
London Business News | Londonlovesbusiness.comhttps://londonlovesbusiness.com/tensions-in-the-middle-east-threatens-the-disruption-of-oil/
Conflict between Israel and Hamas in Gaza and attacks on tankers by Yemeni Houthis have heightened geopolitical tensions, impacting oil prices.
London Business News | Londonlovesbusiness.comhttps://londonlovesbusiness.com/tensions-in-the-middle-east-threatens-the-disruption-of-oil/
The expanded OPEC+ cartel is reducing oil production by almost 6 million barrels per day, contributing to the current market balance.
London Business News | Londonlovesbusiness.comhttps://londonlovesbusiness.com/tensions-in-the-middle-east-threatens-the-disruption-of-oil/
Read at London Business News | Londonlovesbusiness.com
#oil-prices #geopolitics #opec-decision #middle-east-tension
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