Post Tagged with: "Iran-U.S"

Source: Houston Chronicle

Crude inventories plunge from record-high exports amid Iranian tensions

Houston Chronicle

The nation’s stockpiles of commercial crude oil plunged by 11.5 million barrels last week thanks to record-high crude exports, adding more bullish news to oil prices that already were spiking worldwide amid an escalating U.S. conflict with Iran.…

Source: CNBC

Iran vows to retaliate over the killing of its top military commander


Iran has vowed to retaliate over the assassination of the country’s top military commander Major-General Qasem Soleimani.

Iranian Foreign Minister Mohammad Javad Zarif warned Friday that the targeted killing of Soleimani was “extremely dangerous & a foolish escalation.”

January 3, 2020 - 2:00 pm Closing Bell Story‎, Energy News, International
Source CNBC

Oil prices ‘could make a run at $80’ if US-Iran conflict intensifies, analysts say


Oil prices could surge toward $80 a barrel if escalating geopolitical tensions disrupt Middle East crude supplies, analysts told CNBC on Friday, with energy market participants “on tenterhooks” after a U.S. airstrike killed key Iranian and Iraqi military personnel.…