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Middle East

Israel-Iran conflict fuels oil surge, economic fears grow
Jun 13, 2025

Israel-Iran conflict fuels oil surge, economic fears grow

  Israel’s attack on Iran Friday has catapulted their long-running conflict into what could become a wider, more dangerous regional war and potentially drive prices higher for both businesses and households. Oil and gold surged and the dollar rose as markets retreated, signaling a flight to investments perceived as more safe. After years of sky-high inflation in the […]

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