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Investors brace for oil price spike after U.S. bombs Iranian nuclear sites

Investors brace for oil price spike after U.S. bombs Iranian nuclear sites

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Open this photo in gallery: People walk in front of television screens displaying U.S. President Donald Trump’s address to the nation, on Saturday. Eduardo Munoz/Reuters A U.S. attack on Iranian nuclear sites on Saturday could lead to a knee-jerk reaction in global markets when they reopen, sending oil prices higher and triggering a rush to […]

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Oil prices fall about 2% as Trump holds off on Iran strike, hopes for negotiations

Oil prices fall about 2% as Trump holds off on Iran strike, hopes for negotiations

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U.S., Israel and Iran flags are seen in this illustration taken June 18, 2025. Dado Ruvic | Reuters Oil prices fell about 2% on Friday, as President Donald Trump holds off for now on helping Israel to destroy OPEC member Iran’s nuclear program. Global benchmark Brent fell $1.84, or 2.33%, to close at $77.01 per

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Crude Price Surge: Importers, Depots Hike PMS to N940, Dangote Maintains at N825/L

Crude Price Surge: Importers, Depots Hike PMS to N940, Dangote Maintains at N825/L

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The volatility of crude oil prices in the international market has had a negative impact on Nigeria’s downstream oil sector, with importers and depot operators raising petrol prices to between N905 and N940 per litre. In contrast, Dangote Petroleum Refinery has maintained its ex-depot price at N825 per litre. According to data gathered, Rainoil increased

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Oil prices rise about 3% as Israel vows to intensify attacks on Iran

Oil prices rise about 3% as Israel vows to intensify attacks on Iran

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Smoke blankets the sky above Tehran, Iran, following explosions in the capital after the Israeli army hit Iranian targets, on June 18, 2025. Anadolu | Anadolu | Getty Images Oil prices rose by about 3% on Thursday, after Prime Minister Benjamin Netanyahu ordered Israel’s military to intensify attacks against Iran and investors watched for signs

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Oil prices rise more than 1% as Israel vows to intensify attacks on Iran

Oil prices rise more than 1% as Israel vows to intensify attacks on Iran

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Crude oil futures rose more than 1% on Thursday, after Prime Minister Benjamin Netanyahu ordered Israel’s military to intensify attacks against Iran. U.S. crude oil was last up $1.36, or 1.81%, to $76.50 per barrel by 9:38 a.m. ET, while global benchmark Brent added $1.10, or 1.43%, to $77.80 per barrel. Prices have gained more

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Indian Rupee on back foot as Israel–Iran tensions escalate, Crude Oil price surge

Indian Rupee on back foot as Israel–Iran tensions escalate, Crude Oil price surge

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Indian Rupee extends losing streak for the third consecutive day, hits weakest level since mid-March against the US Dollar. Israel–Iran conflict enters seventh day, US reportedly prepared for possible military strike. Brent and WTI crude are up over 20% this month, supply fears keep prices elevated. The Indian Rupee (INR) extends its losing streak for

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