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Oil futures may surge as traders brace for Iran's response to U.S. strikes; Brent could hit $130 if supply disruptions escalate through the Strait of Hormuz.
S&P500 and Nasdaq futures face pressure as Iran strike triggers oil surge. Expect energy gains, defense rotation, and heightened volatility ahead.
Saudi Aramco CEO Amin Nasser opens up about Aramco's multi-billion dollar investments in artificial intelligence, the future of global energy, and how the world's most valuable oil company is adapting in a rapidly changing world as the Kingdom charges ahead with Saudi Vision 2030. Bloomberg's Joumanna Bercetche sits down exclusively with Nasser at the company's headquarters in Dhahran, Saudi Arabia on Wall Street Week.
Sultan Ahmed Al Jaber has turned Abu Dhabi National Oil Co. into one of the world's most ambitious—and well-funded—energy companies.
Israeli officials have indicated that they are trying to destabilize the regime in Iran. Historically, regime changes in major oil producing countries such as Iran have had a significant impact on global oil prices, according to JPMorgan.
OPEC+ group of leading global oil producers could bring forward its output hikes by around a year from the initial plan, Igor Sechin, head of Russia's largest oil producer Rosneft , said on Saturday.
Paul Sankey, Sankey Research, joins 'Fast Money' to talk the impact of rising tensions in the Middle East and the impact on the energy sector.
Stock indexes and Treasury yields end the week little changed.
Israel's surprise attack on Iran last week had oil prices spiking which sent U.S. producers scrambling to lock in the price gain, driving record hedging volumes that will help shield them from future price swings.
Traders believe that chances of a direct U.S. strike against Iran have declined.