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Oil Jumps on Headline of Iran Attack on Israel

OIL

Crude has reversed Its losses to surge After a Bloomberg headline which said that an Iranian missile attack on Israel is imminent.

  • Bloomberg headlines reads: US SEES MISSILE STRIKE ON ISRAEL BY IRAN, PROXIES AS IMMINENT
  • The US and its allies believe that a major missile or drone strike on Israel by Iran or its proxies are imminent, which would mark a widening of the conflict.
  • WTI peaked at $86.19/b, but has since pared some of its gains.
  • Brent JUN 24 up 0.9% at 90.25$/bbl
  • WTI MAY 24 up 0.9% at 85.98$/bbl
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Crude has reversed Its losses to surge After a Bloomberg headline which said that an Iranian missile attack on Israel is imminent.

  • Bloomberg headlines reads: US SEES MISSILE STRIKE ON ISRAEL BY IRAN, PROXIES AS IMMINENT
  • The US and its allies believe that a major missile or drone strike on Israel by Iran or its proxies are imminent, which would mark a widening of the conflict.
  • WTI peaked at $86.19/b, but has since pared some of its gains.
  • Brent JUN 24 up 0.9% at 90.25$/bbl
  • WTI MAY 24 up 0.9% at 85.98$/bbl