Oil price rise risks ‘adverse shock’ to global economy – business live - short news
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As things stand… the oil price rally remains “limited” today amid mounting Middle East tensions, reports Ipek Ozkardeskaya, senior analyst at Swissquote Bank.
Ozkardeskaya explains:
Headlines were busy over the weekend as hostilities between Iran and Israel continued. An Iranian gas field in the Persian Gulf was hit on Saturday, fueling concerns that the escalation could spill over into global energy markets...
source: The Guardian - 16.06.2025