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Israel-Iran conflict pushes crude oil prices higher; here’s how aviation, paint, oil stocks reacted
Shares of airline companies - Spicejet and IndiGo parent Interglobe Aviation - fell up to 1% today amid concerns that a rise in crude prices would propel aviation turbine fuel (ATF) higher. The ATF is a direct derivative of crude oil and constitutes a significant portion (30-40%) of an airline's operating expenses.
3hon MSN
Tensions between Iran and Israel have driven crude oil prices up, with WTI and Brent crude reaching their highest levels ...
The Strait of Hormuz is considered the world's most important gateway for oil transport. Hostilities between Iran and Israel ...
Oil rose in early morning Asian trading amid Middle East tensions.
According to market experts, the Indian market appears to have largely discounted the Israel-Iran tensions, with Monday’s ...
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