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France 24

Business

Charles PELLEGRIN

Oil prices on the rise after escalation of Middle East violence

Oil Charles Pellegrin FRANCE 24 Hezbollah Israel Economy France Iran

BUSINESS © FRANCE 24

Global benchmarks for oil prices were steadily rising on Wednesday, a day after Iran fired a barrage of missiles against Israel in retaliation for the Israeli army's offensive against Hezbollah. In this edition, FRANCE 24's Charles Pellegrin explains why this could change the trajectory of global oil prices, how the world's energy supply could be affected and what this could mean for the global economy.

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