Israel-Iran war, March 1 -- Amid ongoing Israel and US attack on Iran, crude oil prices will remain in focus on Monday, as Iran remains among the top-10 oil producers in the world.
Market experts believe that the US and Israeli strikes on Iran and Tehran's subsequent retaliatory actions have heightened fears that global crude oil supplies could be seriously disrupted, potentially driving prices much higher than current levels.
US and Israel launched a large-scale military strike on Iran on Saturday. In retaliation, Iran deployed missiles and drones toward Israel and also targeted US military bases in Bahrain, Kuwait, and Qatar.
The escalation disrupted commercial aviation across the Middle East, prompting several nations to shut their ...
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.