Oil prices fly after the mutual strikes between Iran and Israel
It rose Friday after the escalation between in the Middle East, amid fear of turmoil in black gold production and its supplies. Oil < /h2> The price of a barrel of its American counterpart, West Texas Intermediate, the delivery of July, increased by 7.26 percent to 72.98 dollars, after it reached $ 77.62, which is also its highest level since January. "Komerzbank" Carsten Freich and Parbra Lambrecht "Fears will prevail that the conflict will worsen and lead to disturbances in , given that a third of the global oil supplies comes from the Middle East". "So far, no disturbances occurred" Not any oil facility was affected, according to Tehran, but Iran may target "Oil tankers heading to the United States". "Iran’s strength lies in its geographical location more than its production". "Through which 20 million barrels of oil passes daily". "Nightmare" For the oil market. "Large disturbances in these supplies would raise prices to $ 120 a barrel"
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