Oil Plunges As Israel Tackles Iran

Alexangel Ventura
Oct 28, 2024
1 min read

The price of oil fell 6% today as Israel commits to its newest war strategy.

Iran has recently contributed to bombings in Israel after the small Jewish nation assassinated the leader of pro-Iran Hamas, causing significant damage to Israeli targets such as Tel Aviv and Jerusalem.

Prime Minister Benjamin Netanyahu, in retaliation to the Iran bombings, has now ordered the Israeli military to target Iranian military targets.

This has set prices falling, as some military sites are located near some of Iran's largest oil fields.

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Oil Plunges As Israel Tackles Iran

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