Why Oil Traders Shouldn’t Discard Israel-Hamas War Risk | ZeroHedge
Authored by Simon Watkins via OilPrice.com,
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Iran, has been looking to catalyse an expansion of the direct conflict between Israel and Hamas into a wider war between Islam and the Jewish state of Israel.
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EU source: the Iranian-backed Houthis are not acting against vessels in and around the Red Sea without Beijing’s tacit approval.
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If China did take its foot off the brake with Iran, then the chances of an embargo on oil exports first to Israel and then to its allies would (more…)