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Oil prices surged on Monday following the United States and Israel’s attacks on Iran this weekend, as some analysts predict that it could soon reach over $100 a barrel. Amid escalating attacks on oil and gas infrastructure in the region and stopped traffic in a crucial shipping route, experts tell WIRED that how the White House directs the conflict over the coming week—as well as Iran’s and other oil producers’ responses—will be key in determining just how high prices eventually climb.
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Oil prices surged on Monday following the United States and Israel’s attacks on Iran this weekend, as some analysts predict that it could soon reach over $100 a barrel. Amid escalating attacks on oil and gas infrastructure in the region and stopped traffic in a crucial shipping route, experts tell WIRED that how the White House directs the conflict over the coming week—as well as Iran’s and other oil producers’ responses—will be key in determining just how high prices eventually climb.
The…
We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.
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