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Sharara oilfield

A pumpjack, used to help lift oil from a well, in the Permian basin near Midland, Texas, U.S., October 8, 2025. REUTERS/Arathy Somasekhar/File Photo
Mar 18, 2026

Oil prices jump 5% after Iran threatens to attack Middle East energy

Oil prices jumped over 5% after Iran's Revolutionary Guards threatened attacks on Middle East energy sites, escalating risks to global oil supply amid the US-Israeli conflict.

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