Even without war in the Gulf, pricier petrol is here to stay
Expensive oil could put Donald Trump in the White House
When Iran’s missiles whizzed towards Israel on Saturday April 13th, oil markets were closed. When they opened on Monday, their reaction was a loud “meh”. Brent crude, the global benchmark, dipped below $90 a barrel. It has since hovered around that level (see chart).
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This article appeared in the Finance & economics section of the print edition under the headline “Explosive material”
Finance & economics April 20th 2024
- Generation Z is unprecedentedly rich
- Why the stockmarket is disappearing
- China’s better economic growth hides reasons to worry
- Frozen Russian assets will soon pay for Ukraine’s war
- Even without war in the Gulf, pricier petrol is here to stay
- Citigroup, Wall Street’s biggest loser, is at last on the up
- Can the IMF solve the poor world’s debt crisis?
From the April 20th 2024 edition
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