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US-Iran Update: Oil Prices Surge By 4% as Iran Escalates Fresh Attacks on Gulf Allies – Crypto News
Iran launched fresh missile and drone strikes on Kuwait’s power-generation and desalination plants on July 17, deepening the US-Iran confrontation that has rattled global energy markets since early July. The oil prices surge of over 4%, pushing Brent crude toward $79 and WTI to similar highs, is now stoking inflation fears and rattling risk assets
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