How the US attack on Iran could shake oil prices
The overnight military strikes on Iran will likely push up oil prices by creating new risks to supplies from the region that's home to a large chunk of global output and transit.Why it matters: Americans are about to feel the impact of the joint military operation by the U.S. and Israel.State of play: Concrete signs of the market fallout will arrive when trading on Asian exchanges opens on Sunday evening.But even as the conflict's scope and impact remains unknown, here are some possibilities and...
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