Four workers have died after an avalanche struck a construction crew near India’s border with Tibet, with 55 workers initially trapped under snow. Rescuers managed to save 50 workers, but four later succumbed to their injuries, while five remain missing. The search continues with multiple rescue teams and military helicopters deployed to the site, as the region is known for being prone to avalanches and flash floods.
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Impact of Iran-Israel conflict on oil could last for years
The oil market remains cautious amid the ongoing Israel-Iran conflict, with minimal supply disruptions and Brent crude prices only rising about $10. However, potential medium-term risks include political upheaval in Iran that could severely impact oil production, coinciding with reduced spare capacity in Opec+ and stagnating US output, potentially leading to higher prices in the future. Need More Context? 🔎
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