GgoogleIN first seen 14 d ago, last 13 h ago, peak #1
Crude oil swings as Iran war uncertainty grips markets
Original: crude oil
Crude oil prices are moving sharply as traders weigh the Iran conflict. Brent climbed to about USD 112 a barrel and Indian futures jumped 3% to Rs 9,514 per barrel on West Asia tensions, yet prices later fell amid hopes of a breakthrough to end the war and uncertainty tied to US Democrats' midterm gains. In India, a surge in crude plus foreign investor outflows snapped a one-week market rally.
Why now: Oil prices are swinging sharply on conflicting signals from the Iran conflict, directly affecting markets and fuel costs.
IranBrent crudeIndiaUS DemocratsCNBC
Rank over time, top of the chart is #1. 3 snapshots from 13 h ago to 13 h ago.
Evidence
- Crude crashes below $100: Brent, WTI hit over two-month lows as Trump loses US midterm elections · The Times of India
- Oil rises amid uncertainty over Iran war after U.S. midterms By Investing.com · Investing.com India
- Oil falls on Iran war uncertainty, US Democrats' midterm sweep · CNBC
- Oil price falls amid hope of a breakthrough to end Iran war · The Guardian
- Indian markets snap 1-week rally following surge in crude, FII outflows · The Hindu
- Crude oil futures jump 3 pc to Rs 9,514/barrel; Brent climbs USD 112/barrel on West Asia tensions · Deccan Herald
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