Tag: Risk

2024-10-04

WTI rises as Biden comments on Middle East risk

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Business

U.S. crude oil prices rose about 5% on Thursday, posting a third consecutive session of gains on fears that Israel could strike Iran’s oil industry in retaliation for Tehran’s ballistic missile attack this week. President Joe Biden was asked by reporters Thursday morning whether the U.S. would support an Israeli strike on Iranian oil facilities. Biden said: “We’re discussing…

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2024-09-09

Risk of Russia using nuclear weapon early in Ukraine war

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Business

CIA Director Bill Burns testifies next to Director of National Intelligence Avril Haines during a House (Select) Intelligence Committee hearing on diversity in the intelligence community, on Capitol Hill in Washington, October 27, 2021. Elizabeth Frantz | Reuters CIA Director William Burns believed there was a real risk in the fall of 2022 that Russia could use nuclear weapons…

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