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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It's all about oil and gas. USA is cutting Russia and middle east from world markets, hence the price (war is profitable). Oil is a industry that profits from genocide and coup d'etat.
They're trying to destabilize 21st century China's silk road.
There's no oil in either of these countries, more price gouging!
Full credit to Palestine for taking seriously the Just Stop Oil campaign. Always look on the bright side of life … da dum da dum da dum …
Any sneeze, any accident, any explosion, any vehicle blocking the road nowadays is a good excuse to ramp up the prices of oil and by extension of everything else.
call saudi stop export oil to pro israel
Despite all the economic crisis this is still a good time to start up an investment
So the Palestinians are causing inflation in the US also?
A 1973 type Arab oil embargo is in the works. Too bad Joe Biden sold all our strategic oil reserves. Joe gave away most of our war tools to Zelinski. The balance of war tools have been loaded on ships enroute to Israel. We got to get a smarter president. this old boy sucks. I feel my family is endangered by his politics.
Wtf.. GREED. GREED GREED!!
Oh this is such crap.
Any reason to increase the price of oil . Drama.
Thankfully Joe Biden never touched our National Oil/Gas Reserves, or closed down the pipeline, right?
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.
There is zero reason for oil prices to surge. Zero. Oil companies and bankers looking to profit off nothing. Absolute nonsense.
Why?? We dont get oil from Israel or hamas😊
I love ❤ not having a car! BidenHarris2024 🇦🇪❄️🌎❄️🇦🇪
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.
The oil companies/OPEC are taking advantage of the situation. Nothing has changed for them.
So thankful for my EV
This is a direct result of Biden's failures which have cemented his weakness as the leader of this once great Nation.