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Although the U.S. is a net oil exporter, higher oil prices could increase inflation and lower economic growth.
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Oil price surge threatens economic forecasts in Spain: risk of lower growth and higher ...If the price of crude oil does not return to around $65 per barrel, it will subtract tenths from the GDP and delay the ...
"A sustained $10 increase in oil prices is expected to increase inflation by 0.4% and lower GDP by 0.4%": Apollo Global ...
The war in the Middle East could further increase oil prices, leading to serious economic consequences worldwide — and ...
The Middle East conflict adds further complexity to the RBA's decision making. The post How could the rising oil price impact ...
Oil prices continued climbing Sunday after Israel and Iran traded blows against their respective energy facilities, ...
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Despite not relying on Iran for its oil supplies, petrol and other prices in Australia will rise due to the global impact of ...
When the conflict began on June 13, it led to a significant surge in oil prices. But come June 17, and all gains have been ...
The Department of Energy (DOE) has assured that the government will implement proactive and targeted measures to mitigate ...
Imagine, Iran earns over $100 million daily from crude oil exports. On an annual basis, this amounts to nearly $40 billion.
Amid escalating tensions between Israel and Iran and the continued surge in global oil prices, the government is implementing ...
Fitch Ratings reported that the impact of the Israel-Iran conflict is manageable for Israel's current credit rating. It anticipates an oil price risk premium of $5-$10, with expectations that the ...
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