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The war in the Mideast has effectively halted shipping through the Strait of Hormuz, threatening to push up gas prices and raise the cost of other goods.
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The U.S. and Israeli attacks on Iran have sent a chill through world markets, with U.S. futures falling more than 1%
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Oil prices have jumped as tanker disruptions near the Strait of Hormuz raise fears about supply shortages from the Persian Gulf
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