Israeli-Palestinian conflict pushes oil prices higher

Oct 9th 2023 10:12am EDT

Concerns over a potential disruption of output from the Middle East are growing as tensions mount Global oil prices jumped by nearly 4% on Monday as renewed hostilities between Israel and armed Palestinian groups threaten the stability of the Middle East. Brent futures were up 3.7% to $87.77 per barrel as of 13:00 GMT. US […]

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