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US strikes Iran's Qeshm Island, oil prices rise as fears of renewed conflict and disruptions mount

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US strikes Iran's Qeshm Island, oil prices rise as fears of renewed conflict and disruptions mount
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The US strikes on Iran's Qeshm Island have pushed oil prices up 0.5% in early Asian trading. The attacks have revived concerns over an escalation of the conflict and prolonged disruption to oil supplies through the Strait of Hormuz.

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