Politics

'Significant supply concerns' remain in global crude market as Middle East crisis escalates

Missile attack on Israel has led to 'significant' jump in geopolitical risk premium for crude oil, analysts say

Demonstrators celebrate during a rally in Tehran on 1 October after Iran fired a barrage of missiles into Israel in response to the killing of Hezbollah leader Hassan Nasrallah and other Iranian-backed militias.
Demonstrators celebrate during a rally in Tehran on 1 October after Iran fired a barrage of missiles into Israel in response to the killing of Hezbollah leader Hassan Nasrallah and other Iranian-backed militias.Photo: AFP/SCANPIX
Middle East and South Asia EditorNew Delhi
Published 3 October 2024, 07:33Updated 3 October 2024, 08:06
OpecIsraelMiddle EastIranRystad Energy