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Energy Attacks in War on Iran Could Turn Economic Shock Into Long-Term Damage

A new phase targeting oil and gas infrastructure in the Persian Gulf threatens to hurt businesses and customers around the world for months or even years. The game has changed. From the moment the United States and Israel attacked Iran, the nightmare scenario for the global economy that most people talked about was the closing of the Strait of Hormuz, the most important choke point for oil on the plane... [1425 chars]

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