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The attacks mentioned in the story highlight ongoing instability in the Middle East, a region crucial for global oil supplies. Any escalation there can disrupt oil production or transport routes, leading to price spikes and creating uncertainty for countries worldwide.
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Oil rises after US hits Iran overnightRelated explainers
Global markets get nervous Petrol prices going up? Your shopping could cost more UK economy feels the pinch What are Middle East tensions? Global trade tensions rise? Why Middle East conflict matters Why does the Middle East matter?The full catalogue
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