What is the impact of the Israel-Iran conflict on oil prices? | Israeli-Iran conflict


Their air strikes are going around the energy markets and raising inflation.

While the Israeli-Iranian conflict is intensifying, each launched missile could affect the world economy.

At risk represents 20% of global oil, which circulates in the Hormuz Strait.

Vital commercial roads, maritime industry, travel and tourism are also threatened.

Oil prices had climbed a barrel at $ 76.45. If they continue to rise, it would increase the cost of living all over the world.

The Iranian economy is in shock from Western sanctions. But while Israel is pressing even more and with his war against Gaza, his own economy is also under extreme stress.

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