Related tags: oilprice, politics, Oil
Source: Reuters By Jonathan Lynn GENEVA, Jan 23 (Reuters) - Twenty years of conflict has cost the Middle East $12 trillion, a study showed on Friday. Unless the region’s conflicts are resolved, the costs will …
In the middle of a nationwide economic crisis, gas prices are rising once again. As the conflict in the Middle East escalates, gas prices are rising.
Oil prices hit the the $50 a barrel level on Tuesday amid escalating violence in the Middle East as fighting between Israel and Hamas showed little prospect of ending quickly.
Oil prices soared again Monday - moving closer to the $50 mark - as the movement of Israeli forces into the Gaza Strip this weekend added to worries about Middle East supply disruption.
Oil prices rose Monday following the movement of Israeli forces into the Gaza Strip this weekend, adding to worries about Middle East supply disruption.
Singapore, January 5, 2009 (AFP) - World oil prices rose in Asian trade Monday, fuelled by the ongoing conflict in the Middle East after Israel stepped up its military onslaught on Gaza, analysts said.
Crude prices rose slightly Monday amid a widening conflict between Israel and Palestinian militants, though few believed the fighting would have an impact on the supply of oil from the Middle East.
Dec. 29 (Bloomberg) — The dollar dropped the most in more than a week against the euro on concern Israeli attacks on Hamas in the Gaza Strip will fan Middle East tensions and disrupt oil supplies to the U.S., the world’s biggest energy consumer.
Oil prices rise following Israeli air strikes in the Gaza strip, heightening tensions in world’s largest producing region.
