Middle East Tensions and Iran's Regime Change Impact Global Oil and Economy
TL;DR Summary
European jet fuel and diesel prices have surged to 15-month highs due to fears of supply disruptions from the Middle East amid escalating conflict between Iran and Israel, with concerns about potential impacts on exports from the Gulf, which supplies a significant portion of Europe's fuel needs.
- Jet fuel prices soar in Europe as war in Middle East threatens supplies Financial Times
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- Middle East tensions put investors on alert, weighing worst-case scenarios Reuters
- Stock Market News June 20, 2025: Oil Prices Drop Friday After Trump Signals He'll Give Iran Negotiations Time WSJ
- America’s economy could face a war shock CNN
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