Why the oil market shrugged as Iran and Israel appeared on the brink of war this week - CNBC

Investors seem to believe that Israel's limited retaliatory strike has provided Iran with an off ramp to refrain from counterattacking.

By: CNBC

Apr 21 2024
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The Iranian flag above the new Phase 3 facility at the Persian Gulf Star gas condensate refinery in Bandar Abbas, Iran, in 2019. If investors only looked at the price of oil at the end of this week,… [+4905 chars]

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