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Israel launches strikes on Iran after Tehran fires barrage of missiles The Washington PostTrump tells Axios he will ask Netanyahu not to strike back at Iran AxiosIDF says it struck military targets in western and central Iran following missile attacks The Times of IsraelOil prices spike over 3% as Iran and Israel trade strikes, escalating regional tensions CNBC
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Oil prices jumped and stocks plunged after Iran fired missiles at Israel, raising doubts about the future of fragile cease-fire in the Middle East.
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The decades-old term refers to the sustained loss of demand for a commodity, caused by high prices.
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