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Oil Prices Surge as Israel-Iran Clash Puts World’s Key Oil Route at Risk

June 16, 2025

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Israel’s strike on Iran has raised fears that Tehran could retaliate by disrupting oil flows through the world’s most critical oil transit route, the Strait of Hormuz, potentially pushing crude prices toward $100 per barrel.

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Oil Prices Surge as Israel-Iran Clash Puts World’s Key Oil Route at Risk

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