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US-Israel war on Iran live updates: Netanyahu says war will take ‘some time'; IDF issues evacuation warnings in Lebanon The GuardianNetanyahu Says Iran's Bomb Program Would Have Been ‘Immune Within Months' WSJIsrael Iran War Live Updates: Iran's Revolutionary Guards Launch Missile Strike On US Base In Bahrain NDTVChaos in Iran is a good endgame for Israel's Netanyahu politico.eu
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A protracted conflict in the Middle East risks a spike in energy prices and broader inflation.
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Higher fuel prices and lower demand for international flights are expected to eat into airlines' profits.
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Norwegian's sales miss and downbeat booking and profit outlooks spark concern about demand for cruises.
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Investors leaned onto U.S. energy stocks on Monday, with the widening conflict in the Middle East boosting shares of major U.S. exploration and production and integrated-energy companies, in particular Chevron.
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Global oil prices are in the high $70s as traffic through Strait of Hormuz comes to a halt. Some analysts have warned they could top $100 a barrel if the stoppage is prolonged.
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