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Opinion: Opinion | Iran-Israel Escalation, And The Question Of ‘Oil’

June 16, 2025

Oil could easily rocket past $120 per barrel. Shipping lanes may need to be rerouted thousands of miles around the Cape of Good Hope.

Source:: https://www.ndtv.com/opinion/a-full-blown-israel-iran-war-can-be-disastrous-for-the-economy-8681919#publisher=newsstand

Updated: June 16, 2025 at 10:40 am
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