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Market Impact: 0.58
Oil Surges as Iran Threatens to Widen Middle East War
Source: Bloomberg
Energy Markets & PricesGeopolitics & WarCommodity Futures
Brent crude futures rose more than 3% on Thursday after a senior Iranian military official said Tehran could expand the conflict to the Indian Ocean if attacked. The comments increase geopolitical supply-risk premiums in oil markets and could support broader energy-sector pricing.
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