Oil Prices Climb Further
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Oil prices climbed on Monday, extending Friday's rally, as renewed strikes by Israel and Iran over the weekend increased concerns that the battle could widen across the region and significantly disrupt oil exports from the Middle East.
The conflict intensified after Israel reportedly targeted Iran’s South Pars gas field ... Any move by Iran to restrict access could push prices significantly higher. Crude oil prices affect the decorative paint business more than any other because ...
Israel’s attacks on Iran’s nuclear facilities risk pushing back the timeline for Federal Reserve interest-rate cuts as the US central bank waits to assess any potential impact on inflation, economists said.