Oil prices became a topic of discussion after clashes between Israel and Hamas. This news is circulating on the web and attracting people’s attention. Oil rises on supply concerns following clashes between Israel and Hamas. This is a shocking time for everyone and countries are struggling due to rising prices. As tensions rose rapidly in the Middle East following Hamas’ surprise attack on Israel over the weekend, crude oil prices rose on concerns of a broader conflict. People look for news about oil pirates. What happened? What is the whole story behind this news? We continue the article.
According to the report, if we talk about oil prices. Oil prices rose 5% as low supply pushed crude oil futures to $89 per barrel and US crude futures surpassed $87 per barrel. Natural gas prices in Europe also rose after Israel gave the order to shut down the Tamar gas field managed by Chevron Corp. in the eastern Mediterranean. The latest dispute in the Middle East has become active at a time of continued geopolitical concerns and tension over the development of the economy. There are several things left to tell you about the news, which you will find in the next section of the article.
According to the report, the alternation between Israel and the Palestinian Islamist group Hamas becomes an issue of tension and, due to this struggle, the political balance is altered. The result arose from this because global researchers do not feel good about taking any kind of risk. Apart from this, the Israeli military mentioned on Monday that they had attacked Islamic Jihad targets in Gaza and several were kidnapped in the Gaza Strip overnight in retaliation. They shared that it was the bloodiest attack in their history. Scroll down the page to learn more about the news.
Additionally, Israel also mentioned that its troops had killed armed infiltrators entering the country from Lebanon, raising fears that the fighting could spread to a second front. , US stock indices rose on Wall Street on Monday. As of 11:33 a.m. ET, the Dow Jones Industrial Average was down 13.18 points, or 0.04%, at 33,394.40. The S&P 500 fell 6.67 points, or 0.15%, to 4,301.83. Additionally, the Nasdaq Composite fell 75.77 points, or 0.56%, to 13,355.57. We have shared all the details about the news, which we have obtained from other sources to write this article for the readers. If we get more details, we will inform you first on the same site. Stay tuned for more updates.
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Source: vtt.edu.vn