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The war in Iran has upset the economic equilibrium Europe threatening energy supplies, growth and the outlook for consumer prices, upsetting economic forecasts.
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As the conflict with Iran continues, Iranians gathered for a mass funeral to pay tribute to Iran's top security official, Ali Larijani, and other officials that have been killed. Sky News' Dominic Waghorn reports on the Iranian reactions from the funeral.
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Oil prices jumped as markets react to escalating tensions after Qatar said Iranian missile strikes damaged a key liquefied natural gas export facility.
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Asian technology stocks fell on Thursday as Iran's latest attacks on Qatar's Ras Laffan Industrial City and a surge in oil prices rattled investor sentiment.
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European stocks slumped at the open on Thursday as the Iran war escalates following attacks on Iranian and Qatari energy infrastructure.
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Joe Kent, the former Director of the National Counterterrorism Center, is under criminal investigation for potentially leaking classified information, sources said.
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President Donald Trump's National Economic Council director Kevin Hassett said Sunday that the war has already cost $12 billion.
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Global markets slid after the Federal Reserve held rates steady and warned of persistent inflation, while an Iranian missile strike caused "extensive damage" to Qatar's Ras Laffan LNG hub, heightening fears of a fresh energy shock.
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