Oil Prices Keep Rising
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Iran has been forced to partially shut operations at the South Pars gas field after a fire caused by an Israeli air strike. The South Pars gas field is the biggest in the world. But what do we know about it?
Ansid Capital's Anurag Singh predicts stable oil prices between $60 and $90 for the next four years. He believes the US administration will maintain oil flow. Singh also addresses market concerns regarding geopolitical tensions.
The Centre for the Promotion of Private Enterprise, CPPE, has outlined both the risks and possible benefits the escalating conflict between Israel and
Nigeria would witness a surge in the price of petrol, diesel, jet fuel, gas and related products in the near term.
The ongoing Israel Iran war has unleashed not only a massive aerial assault with missiles and drones causing heavy destruction in both the countries but could potentially impact global economy including India with whom the two have trade relations.