The Iran crisis highlights the complex reality of oil pricing, differentiating between physical and financial markets. While financial markets anticipate future resolutions, physical markets reflect immediate scarcity and soaring costs due to disrupted shipping and increased freight expenses, leading to significant price disparities globally.
Oil Price Today (November 3): Crude oil rebounds to $105 as fresh attacks outweigh peace talks. What are experts saying?
Crude oil price : Oil prices experienced a slight increase following reports of a US strike on Iran’s Qeshm Island. Concerns have risen regarding the