Nigeria: US/Israel-Iran War (Day 20) - War Threatens Global Gas Supply

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Iran threatens to attack the oil installations in Saudi Arabia, the United Arab Emirates and Qatar as rebels. The Israeli attack on Iran's natural gas supply "makes it explode" again the oil prices. The Brent science was quoted yesterday at 112 dollars/baril and its WTIs increased by over 5%, as Israel...

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North Sea Brent price, international reference, reached $107,38 barrel

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News of the Day and the Hour Latest News of the day Oil prices registered a sharp increase, with Brent barrel in the area of USD 112, after Iran carried out attacks on various energy facilities in the Middle East in retaliation for the offensive prior to the South Pars gas field. That attack intensified the conflict with the United States and Israel and poses risks of prolonged interruptions in global supply, according to Reuters. This war esca…

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Oil prices closed higher on Wednesday, driven by growing investor concerns over attacks on energy infrastructure in Iran and Qatar and the closure of the crucial Strait of Hormuz. Brent crude, the international benchmark, rose 3.83% to $107.38 a barrel, after opening lower. RELATED: Energy - The war in the Middle East fuels fears of a new oil crisis. Its US equivalent, West Texas Intermediate, climbed 0.11% to $96.32 a barrel.