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The president insists conflict with Iran will be brief, but world leaders are preparing for severe economic blowback.
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;Resize=(620)) A prolonged global supply disruption could send food prices higher later this spring: analysts
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The officials also claimed that the sharp increase in gasoline prices resulting from the Iran war would last only weeks.
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The price of crude oil briefly neared $120 a barrel Monday as Iran named Mojtaba Khamenei the supreme leader and then launched new attacks at Israel and Gulf states.
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