U.S. crude oil set to top $70 a barrel when trading begins on fears of Iran supply disruption ⊖⊖
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2026 › March › 01
US-Israel
4 months ago
It is unclear who is governing Iran, the fourth-largest oil producer in OPEC, after U.S.-Israel strikes killed Ayatollah Ali Khamenei.
OPEC+ to raise oil output slightly even as U.S.-Israel strikes on Iran disrupt shipments ⊖
OPEC+ has a history of raising oil output to cushion disruptions, but analysts said the group currently has little spare capacity to add to supply.
U.S.-Israel strikes Iran: What we know as markets brace for turmoil ⊖
The Middle East has been thrust into a widening conflict, causing investors to brace for risk-off trades once markets reopen.
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