Iran, Israel and Oil Prices
Digest more
Top News
Overview
Event details
4hon MSN
Oil prices fluctuated on Monday after jumping 7% on Friday, as renewed strikes between Israel and Iran over the weekend heightened market concerns, while European Gas prices rose. While the strikes did not directly affect Iran’s oil exports,
Wall Street's main indexes opened higher on Monday as easing oil prices supported sentiment despite ongoing attacks between Israel and Iran, while investors focused on the upcoming Federal Reserve meeting.
I avoid long-term oil investments due to unpredictable price swings, but high implied volatility now creates an opportunity to sell options for
Oil prices leaped, and stocks slumped on worries that escalating violence following Israel’s attack on Iranian nuclear and military targets could damage the flow of crude around the world, along with the global economy.
Although the U.S. is a net oil exporter, higher oil prices could increase inflation and lower economic growth.
Explore more
Central bank has struggled to convey clear sense of direction for monetary policy as key indicators fluctuate, economists warn