Economy

Expert: Israel spared the oil - had hurt the West

The fact that Israel did not attack Iran's oil fields, refineries or the logistics surrounding oil production is due to a direct dissuasion from the United States. This is what Handelsbanken's commodity analyst Christian Kopfer told EFN after the night's retaliatory attacks.

An attack on the oil infrastructure would have affected oil prices more than the risk premium we received during the morning.

- And that is not something you want to see in the world economy because it hurts the Western world with sharply increased oil prices, Kopfer tells the channel.

Swedbank's analyst Jörgen Kennemar also assesses that the effects on oil prices are limited by the fact that the attacks were directed at other targets.

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Trustee: Trump's stock is zeroed out if he loses the election

Donald Trump's fortune is estimated to be between 7.5 and 10 billion dollars, which is the highest level in many years, writes the Wall Street Journal.

Much of the rise can be attributed to the stock market rally in social media company Trump Media, where Trump's stake is worth around $4 billion.

But the stock could crash if Donald Trump loses the presidential election, according to analysts.

- If he loses, I think it will plummet to zero, says the fund company Tuttle Capital's CEO Matthew Tuttle to the newspaper.