Oil prices rose by more than 4% as Israeli troops moved into Lebanon and Iran launched missiles on IsraelMiddle East crisis – live updatesAs Israeli troops moved into Lebanon and Iran launched a missile attack on Israel, the risk of a jump in oil prices that could trigger another global inflation shock appeared to be materialising.Oil prices rose by more than 4% to about $75 a barrel on Tuesday. Continue reading…
Source link : https://www.theguardian.com/business/2024/oct/01/financial-markets-oil-price-risk-middle-east-crisis
Author : Richard Partington and Jillian Ambrose
Publish date : 2024-10-01 18:21:34
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Financial markets could still avoid panic amid oil price risk in Middle East crisis
