1 day Middle East Conflict Risks Huge Oil Rrices, Threat To US Economy 24/7 Wall St.

Oil prices have dropped from $92 last year to $70 recently. The Wall Street Journal speculated that Saudi Arabia might push the price to $50 in a disagreement among OPEC+ nations. Tension in the Middle East has started to reverse this trend, and a regionwide war could drive crude much higher. Large swings in oil […]

The post Middle East Conflict Risks Huge Oil Rrices, Threat To US Economy appeared first on 24/7 Wall St..

Crude Oil · Economy · Middle East · OPEC · Politics · Saudi Arabia · U.S. · Wall Street · War

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