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Oil shock triggers global price spikes as Iran war drags on

Fuel shocks from the US-Israel war on Iran are rippling worldwide, as Strait of Hormuz disruptions push prices higher.

1 report1 sourceApr 2, 2026, 9:04 PM
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Al JazeeraApr 2, 2026, 9:04 PM

Oil shock triggers global price spikes as Iran war drags on

Fuel shocks from the US-Israel war on Iran are rippling worldwide, as Strait of Hormuz disruptions push prices higher.

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