• Aug 07, 2024

Oil Climbs in Recovery Rally While Traders Eye Iran Retaliation

(Bloomberg) -- Oil rallied as markets globally recovered from a recent rout and investors remained on edge over the possibility of a retaliatory strike from Iran on Israel.Most Read from BloombergAfrica’s Richest City Needs $12 Billion to Fix InfrastructureNew York City’s Outdoor Dining Sheds Will Start DisappearingThe 5 Coastal States That Face the Most Devastating Flood RiskNew York City Paid $2 Million for Empty Hotel Rooms Meant for MigrantsParis Spent €1.4 Billion to Clean Up the Seine. Has