Oil prices rise, stocks slide over Iran-Israel tensions

  • 📰 MlaStandard
  • ⏱ Reading Time:
  • 23 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 55%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

Defining the News

Oil prices rallied and equities fell Friday as reports said explosions had been heard in Iran and Syria, fueling fears of an escalation of the Middle East crisis after last weekend’s missile attack on Israel by Tehran.

She said gasoline may go up by P0.40 to P0.60 per liter while diesel may have a rollback of P0.60 to P0.85 per liter and kerosene by P0.60 to P0.80 per liter. On April 16, oil players raised the price of diesel by P0.95 per liter, kerosene by P0.85 per liter and P0.40 per liter for gasoline. Leaders in Tehran said the strike was a legitimate response to a deadly attack on an Iranian embassy building in Damascus that it blames on Israel.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 20. in CA

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Oil prices briefly surge, stocks slide on Iran blastsDefining the News
Source: MlaStandard - 🏆 20. / 55 Read more »