Can crude spike close to $100? 3 key triggers to watch ahead of OPEC meet
Tensions between Iran and Israel have sparked fear and instability in global businesses and stock markets. Recent explosions in Dubai, Doha, Qatar, and Bahrain have only added to the chaos. Iran is seeking revenge for the killing of its Supreme Leader by the US and Israel. The OPEC+ meeting will determine oil output, but the closure of the Strait of Hormuz could cause a rise in oil prices.