'Knee-jerk surge': Oil experts predict market impact of Israel-Hamas conflict
Publishing timestamp: 2023-10-08 13:54:23
Summary
Energy experts believe that the attack on Israel by Palestinian militants Hamas will have a limited impact on oil markets, as both Israel and Palestine are not major oil players. However, there is a warning that the conflict has the potential to escalate and affect the wider oil-producing region. Crude oil prices may see a spike on Monday, but the overall impact will depend on whether the conflict escalates further.
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Keywords: gaza, business news, united states, government and politics, breaking news: politics, vanda pharmaceuticals inc, benjamin netanyahu, politics, energy, israel, foreign policy, commodity markets,