Financial markets nervous amid Middle East tensions; oil price falls – business live - short news
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Middle East crisis live: Israel calls for new sanctions on Iran at heated UN security council meetingBrent crude oil has dropped by 0.5% this morning, to $90 per barrel, a subdued reation which suggests markets believe the fallout from Iran’s strike on Israel will be contained.
Oil has risen this year, up from $75/barrel at the start of January, indicating that a geopolitical price premium had already been built into..
source: The Guardian - 15.04.2024