Luxtious Revue: U.S. Crude Oil Jumps 2% as Market Awaits Potential Israel Strike on Iran

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Luxtious Revue: U.S. Crude Oil Jumps 2% as Market Awaits Potential Israel Strike on Iran

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Luxtious

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1 Views • Premiered Oct 7, 2024 • Click to toggle off description

U.S. crude oil surged 2% on Monday, nearing $76 per barrel, amid concerns over potential Israeli strikes on Iran’s oil industry. Last week, West Texas Intermediate gained 9.09% due to fears that Israel could retaliate against Iran for its ballistic missile attack, threatening the stability of the region’s oil supply. With global tensions rising, analysts warn of a possible major disruption in the Strait of Hormuz, which handles 20% of global crude exports, further escalating oil prices.

#TelAviv #CrudeOil #Israel #Iran #MiddleEast #EnergyMarket #WTI #BrentCrude #Tehran #StraitOfHormuz #MarketUpdate #Hezbollah #Gaza #Lebanon #Palestine #Hamaz #Luxtious #LuxtiousRevue

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Genre: People & Blogs
License: Standard YouTube License
Premiered at Oct 7, 2024 ^^

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RYD date created : 2024-10-08T06:38:38.069297Z
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