Middle East Tensions Threaten Global Oil Supply: Prices May Surge

25:29

More Videos

In The Belly of AI | Storyteller | Trailer

Raising Expectations: The Truth About AI | Series | Teaser

DNA Business: A Gene Gold Rush | Storyteller | Trailer

Unique water sports experiences of Bosnia and Herzegovina

How is the AI adoption in the Balkan countries?

Kosovo still searching for loved ones three decades after the war

Will justice ever be served for Kosovo war victims?

Ghana’s president: We must end Africa’s “dependency syndrome”| Bigger Than Five Promo

Ghana’s president: We must end Africa’s “dependency syndrome” | Bigger Than Five

Connecting Europe & Asia: Uzbekistan’s Digital Silk Road | NexTech

Middle East

Middle East Tensions Threaten Global Oil Supply: Prices May Surge

As tensions between Israel and Iran escalate, the global oil market faces potential disruptions, with up to 4% of the global oil supply at risk. Following missile strikes from Iran and the killing of Hezbollah leader Hasan Nasrallah, oil prices have already risen by 1%. Analysts warn that further military action could push prices back to $100 per barrel, severely impacting global markets. With Iran being one of the largest OPEC producers, the volatility in the Middle East is driving uncertainty in oil prices and global trade. Watch as we break down the latest developments and their impact on energy markets.