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US, Israel attack Iran in a joint operation: What does it mean for the global oil market?

Buzz line7 hours ago07 mins

The United States and Israel on Saturday (local time) launched strikes in a joint operation targeting Iran’s military and naval forces. US President Donald Trump’s decision to target Tehran has raised new risks for a major portion of the world’s oil supply, Bloomberg reported. Tehran is responsible for nearly 3.3 million barrels of oil per…

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