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As attacks rattled markets, Treasury Secretary Scott Bessent said the Trump administration might lift restrictions on Iranian oil already loaded onto vessels.
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Iranian attacks on significant energy infrastructure and refineries in several Gulf countries pushed oil and gas prices higher in volatile trading on Thursday.
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European stocks slumped over 2% on Thursday as the Iran war escalates following attacks on Iranian and Qatari energy infrastructure.
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World leaders are scrambling to contain a spiraling Middle East conflict on Thursday after Israel and Iran traded strikes on gas production facilities.
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Iran launched attacks against Qatar's Ras Laffan Industrial City and other Gulf energy infrastructure after Israel bombed the South Pars gas field.
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