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Why oil prices aren’t soaring despite Middle East uncertainty

todayFebruary 16, 2024 23

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Why oil prices aren’t soaring despite Middle East uncertainty
When Russia invaded Ukraine in 2022, the price of oil jumped to over $100 a barrel. But despite the threat of an escalation of tensions in the Middle East and attacks on Red Sea shipping, oil markets have yet to see such moves this time around.

​ When Russia invaded Ukraine in 2022, the price of oil jumped to over $100 a barrel. But despite the threat of an escalation of tensions in the Middle East and attacks on Red Sea shipping, oil markets have yet to see such moves this time around. Read More Breaking News, Latest News and Videos | CNN 

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