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How US deals with crucial export hub could shed light on its longer-term strategy towards Iran
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Dow futures tumble 500 points as oil tops $100 a barrel, raising stagflation fear: Live updates CNBCWall Street follows global markets lower as Iran war briefly pushes crude prices near $120 a barrel Pittsburgh Post-GazetteStock market today: Dow, S&P 500, Nasdaq futures sell off as oil prices surge to over $110 a barrel Yahoo FinanceGlobal Stocks Sink as Oil Prices Surge The New York Times
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World shares tumbled on Monday, with Japan's benchmark Nikkei 225 index plunging more than 5%, after oil prices spiked at nearly $120 a barrel.
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The latest Middle East tensions sheds light on how the world's three largest oil consumers have taken different approaches to energy, with global consequences.
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A spike in oil prices has roiled stocks and bonds again and threatens to accelerate inflation — adding pressure on the White House.
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Crude prices were surging on Monday amid no signs that the Iran conflict was de-escalating and as some major oil producers were reportedly forced to cut production.
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Iran latest: Oil price passes $100 for first time since 2022, as Khamenei's son named leader BBCLive updates: Iran war news; Tehran names new leader, oil and gas prices soar CNNMiddle East crisis live: Mojtaba Khamenei chosen as Iran's new supreme leader; oil prices soar past $100 a barrel The Guardian‘The Most Dangerous Man in the World' The AtlanticLive Updates: Qatar PM Says Iran ‘Betrayed' Gulf; Oil Prices Rose Above $100 WSJ
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The war in the Middle East has sent prices soaring, showing how much the world continues to depend on reliable supplies of oil and gas.
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Airline stocks were set to continue their recent sharp selloff amid fears that travel demand will drop as the escalating Middle East conflict sends crude oil prices above $100 a barrel.
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The finance ministers are reportedly considering making 300 million to 400 million barrels available.
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Deflationary pressures ease as AI-related spending rises and Beijing clamps down on overcapacity
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Dow Jones Futures Dive As Oil Surges Above $110. Iran Names Khamenei's Son As Supreme Leader. Investor's Business DailyOil Could Break its All-Time Record and Hit $148 Per Barrel This Week Yahoo FinanceThree small-cap energy stocks flash 'A' profitability amid $90 Oil surge (FLNG:NYSE) Seeking AlphaBREAKING: Massive Oil Price Increases The Bulwark
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