Episode Details

Oil prices surge to a six-week high as global markets brace for escalating Middle East tensions—U.S. strikes on Iranian tankers, Iran’s retaliatory missile fire, and suspected attacks on Saudi Aramco facilities in Jizan are fueling fears of supply disruptions. With inventories already depleted and shipping through the Strait of Hormuz under strain, analysts warn prices could climb toward $120 a barrel if conflicts intensify, while diesel costs hit record highs.

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