Oil spikes, markets retreat as West Asia tensions ripple global economy ()

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· 54 minutes from now

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Oil spikes, markets retreat as West Asia tensions ripple global economy

Following US strikes in Iran, oil prices surged to a five-month high today whereas Western markets have held steady so far. All eyes are on the Iranian retaliation as any disruption in the Strait of Hormuz could send oil prices souring.

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Oil spikes, markets retreat as West Asia tensions ripple global economy ()

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Flights Cancelled, Diverted As Qatar, UAE, Bahrain Shut Airspace Amid Missile Strikes

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