Oil Prices Suffer Steep Weekly Losses as Investors Weigh US-Iran War Risks After Midterms
Oil prices posted sharp weekly losses despite Friday gains as renewed U.S.-Iran tensions raised concerns over Middle East supply disruptions.
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Why It Matters
Oil prices fell this week because people worry about US and Iran fighting. When people think war might happen, they worry about oil supply getting interrupted.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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