Apr 11, 2024
Potential escalation in Middle East raises oil price concerns
US officials have warned of an imminent attack on Israeli assets by Iran or proxies, potentially causing a wider conflict in the Middle East. Oil Prices (BZ=F, CL=F) could be impacted as the escalation pours further doubt on oil production in the region. Senior Columnist Rick Newman joins Yahoo Finance to break down the potential of a wider conflict in the Middle East and how that may impact the energy sector. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance. This post was written by Nicholas Jacobino