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If the Iran war takes oil above US$120 a barrel, how bad could the shock get?

With major energy assets now coming under attack and the Strait of Hormuz still closed, analysts fear a longer supply shock. In this explainer, the South China Morning Post examines the latest developments and factors driving oil price volatility and assesses the potential impact on the global economy. Energy infrastructure: what is the latest? In retaliation, Tehran struc... [478 chars]

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