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Oil Prices Soar on Iran Tensions

Published 3 days, 14 hours ago
Description

Oil prices surge to seven-month high amid Middle East tensions; potential supply disruptions could push prices up to $90 per barrel, increasing U.S. gas prices to over $3 per gallon; Strait of Hormuz remains a key chokepoint for global oil supplies, with China heavily reliant on shipments; uncertainty looms over next weeks trading as the situation unfolds.

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