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2024-10-04 22:11:21
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Bullet points of Oil watchers now see a real threat of supply disruptions after latest Iran-Israel escalation

Bullet points of Oil watchers now see a real threat of supply disruptions after latest Iran-Israel escalation
- The recent escalation in the Middle East involves Iran launching a ballistic missile attack on Israel as retaliation for the killing of Hezbollah leader Hassan Nasrallah.
- Global oil supply is at risk due to this escalation.
- Analysts indicate that Iranian oil infrastructure might be targeted by Israel, which could result in a significant disruption in oil supply.
- The conflict could potentially drive oil prices back up to $100 per barrel, impacting global markets.
- Tensions are increasing, and there is a possibility of additional attacks on Iranian oil facilities.
- Experts caution that this situation could signal a new phase in the war with far-reaching consequences on energy markets worldwide.
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