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[QUOTE="Resolve, post: 237159, member: 29339"]
[B][SIZE=5]XBR/USD Analysis: Brent Oil Price Soars After Attack on Israel[/SIZE][/B]
[img]https://i.imgur.com/r47xf98.png[/img]

Following Israel's military operation in Lebanon, Iran launched a missile strike on Israel on October 1. Financial markets reacted sharply as soon as the first reports of the attack emerged:

→ U.S. stock indices dropped significantly, and Bitcoin also fell, with BTC/USD nearing the psychological $60,000 mark at yesterday's low.

→ Gold surged to $2670, though supply forces have since curbed the panic buying, and XAU/USD has dropped back below $2650.

Oil prices also spiked. Unlike other financial assets, there has been no correction on the XBR/USD chart today, despite the end of the missile strike on Israel. This highlights oil's heightened sensitivity to Middle Eastern tensions.

[img]https://i.imgur.com/P1BQ8zQ.jpeg[/img]

[B][URL="https://fxopen.com/blog/en/oa-xbr-usd-analysis-brent-oil-price-soars-after-attack-on-israel/?utm_source=earnforexforum&utm_medium=analysis&utm_campaign=resolve"]TO VIEW THE FULL ANALYSIS, VISIT FXOPEN BLOG[/URL][/B]

[I][B]Disclaimer:[/B] This article represents the opinion of the Companies operating under the FXOpen brand only (excluding FXOpen EU). It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice. [/I]
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