Oil markets not pricing in an 'all-out war' after Israel kills Hezbollah leader, but risks persist

By CNBC | Sep 30, 2024 at 04:08 AM EST

The recent killing of Hezbollah leader Hassan Nasrallah did not significantly impact oil prices, with Brent and West Texas Intermediate futures seeing modest gains. Experts predict that unless there is a rapid escalation in conflict, oil prices are unlikely to spike above $100 per barrel.

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