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Oil rises amid worries of growing Iran-U.S. tensions after Bessent issues Iranian airline shutdown warning
Source: CNBC
Energy Markets & PricesGeopolitics & WarSanctions & Export Controls
Oil prices rose Tuesday as U.S.-Iran tensions intensified after Treasury Secretary Scott Bessent said all Iranian airlines would be shut down starting Wednesday. The move raises geopolitical and sanctions-related risks that could disrupt regional transport and potentially increase concerns over oil-supply security.
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