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Investors see possible oil spike, shipping turmoil after U.S. bombing in Iran
Leaders of the UAE, Saudi Arabia, Qatar and other Gulf states are in close touch to assess the impact of escalating military conflict in the region
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Investors are girding for the possibility of more oil price spikes, shipping disruptions and flight cancellations following the U.S. bombing of Iranian nuclear facilities on Sunday.
Goldman Sachs floated a scenario for benchmark crude prices rising more than 40% to $110 a...
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