If the Israeli-Hamas conflict widens, it could impact the supply of oil from the Middle East. Prices have already risen since the first airstrikes Saturday. Bill Watts, a markets editor for MarketWatch, joins CBS News with more.
#news #israel #hamasattack
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15 Comments
Nice red background.
Corporate news media.
any excuse, huh
Dead Americans, American hostages, now oil prices surge, thats three of the 4 cardinal sins. Things are about to get real proportional in the middle east on behalf of the US
Don't worry, Dem entia Joe will release more oil from the emergency oil supply making us more vulnerable to our enemies
This is a direct result of Biden's failures which have cemented his weakness as the leader of this once great Nation.
Trump said he would pay for everyone's gas, as he was so happy after he got the perfect love letter from Joe.
So thankful for my EV
The oil companies/OPEC are taking advantage of the situation. Nothing has changed for them.
It's time to buy some oil stocks. Forget ESG. It's time to hedge portfolio against geopolitical risks. Defense and energy stocks to get rerated to reflect geopolitical risk premium.
I love ❤ not having a car! BidenHarris2024 🇦🇪❄️🌎❄️🇦🇪
Why?? We dont get oil from Israel or hamas😊
There is zero reason for oil prices to surge. Zero. Oil companies and bankers looking to profit off nothing. Absolute nonsense.
The big commodities traders and speculators are now jacking up the prices of oil. Last time a checked, there were no oil wells in Gaza. Just another opportunity to profit from tragedy.
Thankfully Joe Biden never touched our National Oil/Gas Reserves, or closed down the pipeline, right?
Any reason to increase the price of oil . Drama.