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From $4-a-gallon gas to a €500M daily EU bill, the Iran conflict is repricing daily life across the globe.
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Physical crude is clearing at $286 per barrel while analysts still forecast $90 — a gap that warns of worse to come.
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Central banks from London to Tokyo face impossible choices as energy shocks fuel inflation and stall growth simultaneously.
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Two guided-missile destroyers deployed alongside underwater drones in a high-risk campaign to reopen critical maritime chokepoints.
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Oil prices spike more than 50% above pre-war levels as blockade fears grip global markets
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Germany, Ireland, and Gulf states brace for 3.5% to 7% inflation as energy costs cascade into food and fuel.
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With forecasts spanning $55 to $120 per barrel, even the world's top oil analysts admit the market is unreadable.
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Five compounding forces — from refinery outages to the Iran blockade — are pushing prices toward record territory.
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A severe energy supply crisis, fueled by Mideast conflict, fundamentally realigns global economies, creating new winners and many losers.
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Military confrontation in Yemen and the UAE's OPEC exit mark the end of a half-century partnership
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With 1.6 million barrels per day of spare capacity set free, the cartel's grip on supply is fundamentally weakened.
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The surprise departure removes 3.5 million barrels per day from the cartel's quota framework, effective May 1.