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Escalation in Iran War Threatens Global Energy Stability

Wired

The Iran-Israel conflict escalates, threatening global energy stability. Experts warn of rising oil prices and economic fallout. What’s next?

Escalating Iran-Israel conflict threatens global energy markets.

Oil prices spiked to nearly $120 per barrel amid rising tensions.

Closure of Strait of Hormuz could lead to severe economic impacts.

Experts warn of long-term damage to oil production facilities.

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