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Global economy jitters grow after Trump’s Iran strikes, Strait of Hormuz fears
Escalating Israel-Iran conflict could disrupt oil trade and shake markets, analysts say.
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scmp.com
Oil price spike likely following US strikes on Iran, investors say
The reaction in Middle East stock markets suggested investors were assuming a benign scenario, even as Iran intensified its missile attacks on Israel.
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cnbc.com
Oil at $100 a barrel? U.S. role in Iran-Israel fight fuels market jitters
Oil markets are entering a new phase of uncertainty after the U.S. entered the war between Iran and Israel, said industry watchers.
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Global economy jitters grow after Trump’s Iran strikes, Strait of Hormuz fears
Escalating Israel-Iran conflict could disrupt oil trade and shake markets, analysts say.
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fortune.com
The Strait of Hormuz is a critical chokepoint for global energy markets, but there are ways to get around it
About 20 million barrels of oil a day flow through the Strait of Hormuz, or the equivalent of 20% of global petroleum liquids consumption.
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Investors liked the peace but they love war even more, asset markets are saying today
Investors are unconcerned about major oil disruptions, reasoning that Iran is unlikely to close the Strait of Hormuz and harm its own economy.