Oil prices surged toward $100 per barrel, the dollar strengthened to 3.07 shekels, and the euro traded at 3.51 shekels in Thursday trading, as the regional escalation continued to roil financial markets, according to N12 market reports.
Oil prices surged toward $100 per barrel and the dollar strengthened to 3.07 shekels in Thursday morning trading, with the euro trading at 3.51 shekels, according to N12 market reports. The moves come amid a volatile period for energy and currency markets driven by the ongoing regional escalation. The shekel had weakened to 3.05 per dollar on July 17, the highest since April, as The Zioneer reported. Oil prices, which had fluctuated between $75 and $85 in recent months, have now surged toward the triple-digit mark.
2 developments
Source and signal
A single-sourced dispatch is never rated Confirmed or Strong. Its Signal strengthens only when a second, independent source corroborates it.
- Internal intake
