Iran, Israel and Stock Market
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Despite not relying on Iran for its oil supplies, petrol and other prices in Australia will rise due to the global impact of the Israel–Iranian war.
The Iranian-Israeli conflict's unfolding developments have significant implications for India's trade routes, oil imports, and overall export economy. A government meeting with shipping stakeholders is scheduled to assess the impact,
Israel's attack on Iran lifted the dollar ahead of the weekend, but it barely rose above the previous session's high.
Crude oil prices spiked over 10 percent on June 13, marking their steepest weekly rise since 2022 as Israel conducted strikes on key Iranian installations.
Reliance on overseas oil is very much less a factor today than 10 or 15 years ago, says Nomura economist The airstrikes launched by Israel ... the Israel-Iran clash. Looking at the geopolitical ...
Gold prices in Dubai have surged to near-record highs as tensions escalate between Israel and Iran, driving investors towards safe-haven assets. Check the latest rates and insights into the market impact of geopolitical instability.
Investors struck a cautious tone on Monday, as an escalating conflict between Israel and Iran pushed oil prices higher and raised wider questions about the long-term impact.
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