Tag Archives: Middle East

Oil Prices Surge After Hamas’ Attack on Israel

As a result of Hamas’ surprise attack on Israel on Saturday, Brent Crude and WTI oil prices both rose over 4.5%, even though Israel produces a very small amount of oil and Palestinian territories do not produce any oil at … Continue reading

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U.S. SANCTIONS IRAN’S CENTRAL BANK AND WILL SEND MILITARY FORCES TO SAUDI ARABIA

The U.S. is punishing Iran for its cruise missile and drone strikes against a Saudi oil field and refinery by enacting sanctions on Iran’s central bank and two other major state financial institutions. This is the first time the U.S. … Continue reading

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Goldman Sachs Had Dismal Trading Quarter

Known as Wall Street’s smartest trading firm, their miserable third quarter has raised questions on whether the firm deserves that title. Goldman suffered its worst three-month stretch for trading since the market meltdown of 2011. According to regulatory filing, Goldman … Continue reading

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