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Shortage spurs surge in prices and threatens sectors from fertiliser to microchips as impact of war in Iran widens
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Olaplex, a prestige hair care brand, has seen its sales and stock price plummet after a lawsuit. Now, the company is trying to turn its business around.
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Panic in the oil market has calmed down, with prices pulling back from the week's highs near $120 a barrel after a group of wealthy nations said they will consider a coordinated release of emergency global crude reserves
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American and Israeli airstrikes in Iran closed a critical shipping lane. U.S. businesses and consumers brace for pain at the pump.
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Treasury yields were edging up Tuesday, but traded below levels seen Monday when inflation fears tied to oil's surge were rising.
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The rise in yields reflects inflation fears.
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