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Oil progressed after an Israeli airstrike that killed the leader of Hamas’s militant wing in the Gaza Strip, reinforcing concern that unrest in the Middle East will intensify, curbing supplies.
Oil progressed after an Israeli airstrike that killed the leader of Hamas’s militant wing in the Gaza Strip, reinforcing concern that unrest in the Middle East will intensify, curbing supplies.
As quoted in market news:
Prices surged on the initial shock that Israel killed the Hamas leader. Now the market is retreating from the day’s highs as cooler heads prevail. Tension between Israel and Hamas is ongoing, not something new.
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