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Oil prices surge past $116 after Israel strikes South Pars oil fields
6 articles |
Updated 1d ago |
Created 2d ago
Brent crude jumped to over 110 dollars following Israeli attacks on the strategic South Pars gas field, a move that has now pushed market rates above 115-124 dollars per barrel as traders react with urgency amid escalating regional tensions involving both Iranian infrastructure in Iran and Qatar's energy facilities.
Key Points
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1Oil prices surged to over $116 per barrel following Israeli strikes on energy infrastructure in Iran and Qatar.
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2Brent crude specifically dropped below the psychological barrier of $120 after attacks intensified, though it remained above previous highs around $118-119 before hitting a peak near 117 dollars as reported by various sources between March 14th (implied context from price movement) and Mar 15.
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3The attack on the South Pars field caused immediate volatility in oil markets, with prices jumping to approximately $108-$123 within minutes of impact before settling around mid-range figures.
Developments
[Mar 19]
(I12.haber7.net) Oil price dropped; after the attack, Brent crude fell below $116 dollars (Turkish).
[03:45 AM Mar 18] - [Mar 19]
(Skai.gr & Dimokratia) New rise in oil prices after bombing attacks on energy facilities in Iran and Qatar.
Orta Doğu gerilimi fiyatı uçurdu! Saldırı sonrası brent petrol 116 doları aştı
I12.haber7.net
1d ago