Oil Prices Drop
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As Israel and Iran exchanged more attacks, stock markets mostly rose even as worries remained about possible oil supply interruptions.
Iran and Israel continued to exchange attacks into Monday amid the latest round of conflict between the two nations.
Israel has targeted Iranian energy infrastructure, including the world’s largest gas field, South Pars, which Iran shares with Qatar. CNN’s Becky Anderson speaks with analyst Firas Maksad about how this escalation poses a significant threat to global energy security.
2hon MSN
After Israeli strikes landed near the hotel where he was staying in the Iranian province of Qom, Aimal Hussein desperately wanted to return home. Israel launched a major attack Friday with strikes in the Iranian capital of Tehran and elsewhere,
An exchange of strikes on refineries and gas facilities was limited but raised the risks to an industry with broad economic impacts.
Israel’s attack on Iranian nuclear and military sites on Friday, and the resulting oil-price surge and airline-stock slump, could pose even more obstacles for consumers navigating an already unusual summer travel season.
2don MSN
Israel launched an expanded assault on Iran on Sunday, targeting its energy industry and Defense Ministry headquarters, while Tehran unleashed a deadly barrage of missiles.
Iran launched a wave of missiles just hours after Israel said it was striking missile sites in central Iran. Israel says it hit Quds Force command centers.