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Oil Prices Spike After US Strikes On Iran

Oil
International Business Times Fews App News Provider
Fews App Post Time Hace 18h

Fears are growing of an escalating conflict in the volatile Middle East AFP Oil prices surged and Asian markets traded lower on Monday on concerns of disruption to energy markets after US air strikes on Iran's nuclear facilities. The dollar strengthened as traders assessed the weekend's events, with Iran threatening US bases in the Middle East as fears grow of an escalating conflict in the volatile region. Iran is the world's ninth-biggest oil-producing country, with output of about 3.

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