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A surge in oil prices risks havoc for the global economy
In wake of America’s attack on Iran, it’s hard to gauge how serious the economic fallout will be
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fortune.com
Oil prices could spike 10% after the U.S. attack on Iran — 'But don’t be fooled, this may not last'
Based on the closing price of Brent crude on Friday, a 10% jump would send the global oil benchmark to nearly $85 per barrel.
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telegraph.co.uk
A surge in oil prices risks havoc for the global economy
In wake of America’s attack on Iran, it’s hard to gauge how serious the economic fallout will be
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usatoday.com
US strikes on Iran could hit American economy at a fragile time
America's involvement in the Iran-Israel conflict could buffet an economy that's already weakening.
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theguardian.com
IMF chief warns of broader risks from US strikes on Iran, after oil hits five-month high – business live
Rolling coverage of the latest economic and financial news
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Investors liked the peace but they love war even more, asset markets are saying today
Investors are unconcerned about major oil disruptions, reasoning that Iran is unlikely to close the Strait of Hormuz and harm its own economy.