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A satellite image of marine traffic passing through the Strait of Hormuz as on January 9, 2020.

How the Strait of Hormuz, a narrow stretch of water where ships carry $1.2 billion of oil every day, is at the heart of spiraling tensions with Iran

Iran could exact its revenge on the US and its allies by shutting or harassing tankers in the strait, which would heavily disrupt oil markets.
FILE PHOTO: Amin H. Nasser, President and CEO of Aramco, attends the official ceremony marking the debut of Saudi Aramco's initial public offering (IPO) on the Riyadh's stock market, in Riyadh

Saudi Aramco upsizes its record-shattering IPO by $3.8 billion

Aramco set aside 450 million shares for investors as it gauged early demand, and Goldman Sachs released proceeds from the allotment over the weekend.
FILE PHOTO: The sun sets behind a pump-jack outside Saint-Fiacre

Oil plummets to its lows of the day after President Trump says Iran ‘appears to be standing down’ in the Middle East

The fall erased all earlier gains from a spike in oil prices early Wednesday following an Iranian missile attack on US forces in Iraq.
Kuwait Oil Company workers change pipes on a drilling rig on the northern border between Iraq and Kuwait.

Oil’s wild ride: Here’s why the precious resource is now trading lower after spiking 5% on Iran’s missile attacks

Prices reversed when a US statement said the attack caused no casualties, and President Donald Trump tweeted that "all is well" after the incident.

Why markets are oddly subdued after Iran’s attack on US bases in Iraq: ‘You call that a knife?’

Gold punched above $1,600 for the first time since 2013, and oil spiked. But the gains fizzled. "They've barely scratched the US," says an analyst.
FILE PHOTO: Sign of Saudi Aramco's IPO is seen during a news conference by the state oil company in Dhahran

Saudi Aramco has seen $200 billion of market value erased since its record-shattering IPO as Mideast tensions drag it lower

Some analysts believe Iran could retaliate by targeting oil infrastructure, placing Aramco at increased risk of a crippling strike.
Three oil and gas rigs owned by Transocean Ltd sit idle in the Grand Harbor in Valletta, Malta October 22, 2015.

Oil spikes above $70, its highest since September, amid mounting Middle East tensions

Since the conflict in the Middle East started, Brent crude has gained $4, Hussein Sayed, chief market strategist at FXTM wrote in a note early Monday.

Goldman Sachs says ‘gold is a better hedge than oil’ as Trump-Iran tensions heat up

Gold on Monday soared to a six-year high of about $1,588 an ounce, while oil jumped past $70 a barrel.

US oil companies evacuate workers from southern Iraq in the wake of the assassination of Iranian General Qassem Soleimani

Iraq officials said that some US oil workers are leaving the southern city of Basra, a region where affiliates of ExxonMobil and Shell operate.
Burning debris seen on a road near Baghdad International Airport, which Iraqi paramilitary groups say were caused by three rockets, on January 3, 2020.

‘Likely just the beginning’: Here’s what 6 experts are saying about what Trump’s deadly Iran strike means for already-shaken m...

Many analysts are saying Friday's market swings should be ignored, and even present an opportunity to buy stocks while they're low.