Iraqi Prime Minister Sounds Alarm On Israel-Hamas Conflict's Impact On Oil Supply
Portfolio Pulse from Bibhu Pattnaik
Iraqi Prime Minister Mohammed Shia al-Sudani warned about the potential impact of the Israel-Hamas conflict on the global oil supply. He expressed concerns about the conflict escalating and affecting energy supplies, which could lead to economic crises and further conflicts. In the stock market, oil companies like ExxonMobil Corporation and Chevron Corporation, as well as ETFs such as the United States Oil Fund, LP and the Energy Select Sector SPDR Fund, could be impacted by any disruptions in the oil supply.

October 21, 2023 | 6:04 pm
News sentiment analysis
Sort by:
Descending
NEGATIVE IMPACT
Chevron Corporation could be impacted by disruptions in the oil supply due to the Israel-Hamas conflict.
Chevron Corporation, being a major oil company, could face disruptions in its operations due to the potential impact of the Israel-Hamas conflict on the global oil supply. This could negatively impact its stock price in the short term.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 75
NEGATIVE IMPACT
The United States Oil Fund, LP could experience volatility due to disruptions in the oil supply caused by the Israel-Hamas conflict.
The United States Oil Fund, LP, being an ETF that tracks the price of oil, could experience volatility due to disruptions in the oil supply caused by the Israel-Hamas conflict. This could negatively impact its price in the short term.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 75
NEGATIVE IMPACT
The Energy Select Sector SPDR Fund could experience volatility due to disruptions in the oil supply caused by the Israel-Hamas conflict.
The Energy Select Sector SPDR Fund, being an ETF that tracks the energy sector, could experience volatility due to disruptions in the oil supply caused by the Israel-Hamas conflict. This could negatively impact its price in the short term.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 75
NEGATIVE IMPACT
ExxonMobil Corporation could be impacted by disruptions in the oil supply due to the Israel-Hamas conflict.
ExxonMobil, being a major oil company, could face disruptions in its operations due to the potential impact of the Israel-Hamas conflict on the global oil supply. This could negatively impact its stock price in the short term.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 75