Market Live
Axis bank The Competition Commission of India has considered the proposed combination and approved the subscription to 14,25,79,161 equity shares of Max Life by the Bank. KEC International The company has secured new orders of Rs. 816 crores across its various businesses Brigade Enterprise Brigade Group signs a Joint Development Agreement for an Office Space in Whitefield, Bengaluru with a Development Value of Rs.340 Crores. Vedanta Vedanta Aluminium Expands Alumina Refining Capacity to 3.5 million tonnes per annum (MTPA)”. Anup Engineering Board fixed 23rd April 2024 as the Record Date for bonus issue Gufic Biosciences The company has incorporated a wholly owned subsidiary, “VEIRA LIFE FZE,” in Dubai for the marketing, distribution, and sale of pharmaceutical products. GE Power The company received orders worth Rs 774.9 crore from Jaiprakash Power. Suryoday Small Finance Bank The company reported disbursements at Rs 2,340 crore, up 39% YoY in the fourth quarter, gross advances at Rs 8,650 crore, up 41% YoY and total deposits at Rs 7,775 crore, up 50% YoY. RBL Bank The company reported total deposits at Rs 1.03 lakh crore, up 22% YoY as of March 31 and gross advances at Rs 85,640 crore, up 5% YoY. Vodafone Idea The board will meet on April 6 to consider share issuance proposals of equity and/or convertible shares on a preferential basis. L&T Finance Holdings The company reported retail loan book at Rs 80,010 crore in the fourth quarter, up 31% YoY and retail disbursements at Rs 15,030 crore, up 33% YoY
Thu. Apr 11th, 2024

Oil Prices Could Test $115 If Hamas-Israel War Escalates Into Regional Conflict

By earn Oct 31, 2023 #Hamas #Israel #oil prices
Photo by <a href="https://unsplash.com/@newmanphotog" rel="nofollow">Timothy Newman</a> on <a href="https://unsplash.com/?utm_source=hostinger&utm_medium=referral" rel="nofollow">Unsplash</a>
Spread the love
9 / 100

The recent escalation of violence between Hamas and Israel has raised concerns about the potential impact on oil prices. As tensions continue to rise, experts are warning that if the conflict were to escalate into a regional war, oil prices could reach as high as $115 per barrel.

Currently, oil prices are already on the rise due to various factors such as the global economic recovery and increased demand. However, the situation in the Middle East has the potential to further disrupt the oil market.

Israel is a major player in the oil industry, and any disruption to its production or exports could have significant consequences for global oil supplies. Additionally, other countries in the region, such as Iran and Saudi Arabia, could also be affected by the conflict.

Historically, conflicts in the Middle East have had a direct impact on oil prices. The Arab-Israeli war in 1973, for example, led to an oil embargo and a quadrupling of oil prices. Similarly, the Gulf War in 1990 caused a spike in oil prices.

While it is impossible to predict the exact outcome of the current situation, experts are closely monitoring the developments and assessing the potential risks to oil prices. If the conflict were to escalate into a full-blown regional war, it could disrupt oil supplies and lead to a significant increase in prices.

How useful was this post?

Click on a star to rate it!

Average rating 0 / 5. Vote count: 0

No votes so far! Be the first to rate this post.

As you found this post useful...

Follow us on social media!

By earn

Related Post

WP Twitter Auto Publish Powered By : XYZScripts.com
MUTUAL FUND SIP MONEY TRIPPLE IN 10 YEARS FII DATA 18 SEPTEMBER MIDCAP AND SMALL CAP SHARES SELL MARKET LIVE
In search of peace : a lesson from greek mythology omniscopelife. Cheap. Announcement.