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Oil prices hit nearly $110 as Iran vows to escalate the war in ‘new ways’

Israel attacked the world’s largest natural gas field in a coordinated attack with the U.S. The price moves come on top of what has already been one of the strongest oil rallies in years. Brent has surged roughly 80% since the conflict began, driven largely by the near-total shutdown of tanker traffic through the Strait of Hormuz, the choke... [1271 chars]

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