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Search resuls for: "Iran's United Nations"


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Any disruption in its capacity to supply global markets could send oil prices higher, analysts told CNBC. Insufficient investment makes supply more fragile and increases the chance of a super spike well above $100 if supply is disrupted. Stock Chart Icon Stock chart icon Oil prices since the start of the year. "I think oil prices will go to all time highs this cycle, due to a decade of under-investment in exploration and development," Young added. Oil prices have climbed in recent months on trade disruptions and delays caused by Red Sea maritime attacks from the Houthis, who claim solidarity with the Palestinian people.
Persons: Saeid Arabzadeh, Israel reigniting, Andy Lipow, Daniel Hagari, Josh Young, Brent, Young, Morgan Stanley's Organizations: Afp, Getty, OPEC, CNBC, Brent, Lipow Oil Associates, Israel Defense Forces, Bison, Iran's United Nations, underinvestment, U.S, West Texas Locations: Persian, Iran, Hormuz, Oman, Israel, Damascus, Syria, Asia
Permanent Representative of Iran Amir Saeid Iravani at the United Nations headquarters in New York City on December 14, 2022. Iran's government is accusing Israel of carrying out a drone strike on a weapons factory near the central Iranian city of Isfahan. Iran's United Nations envoy Amir Saeid Iravani placed the blame on Israel in a letter to the U.N.'s secretary general, writing that "primary investigation suggested Israel was responsible" for the attack. "This action undertaken by the Zionist regime goes against international law." If true, the attack is the latest incident in a long-running shadow war between arch-enemies Israel and Iran.
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