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Israel-Iran war highlights Mideast's declining influence on oil prices
The contained move in oil prices during the Israel-Iran war highlights the increasing efficiency of energy markets and fundamental changes to global crude supply, suggesting that Middle East politics will no longer be the dominant force in oil markets they once were.
In decades past, turmoil in the Middle East would send crude oil prices soaring, pushing up the cost of gasoline for drivers ...
Al Jazeera on MSN18h
Israel-Iran conflict exposed China’s ‘limited leverage’, say analystsChina called for a ceasefire. But despite its recent history of mediation in the region, its role was limited this time.
The Iranian parliament recently backed a measure to close the Strait of Hormuz, a strategic waterway for the world's oil ...
8don MSN
Industry experts warn Israel-Iran conflict could push oil to $120 per barrel if shipments through the Strait of Hormuz are ...
Oil prices fell sharply Tuesday, returning to levels last seen before the Iran-Israel conflict, as investors cheered news of a ceasefire, albeit fragile, between the two countries.
The Trump administration believes the deadly, 12-day conflict between Israel and Iran is over and will not restart, President ...
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