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Oil prices jump after U.S. strike on Iranian nuclear facilities

22 June 2025
in USA
0
Oil prices jump after U.S. strike on Iranian nuclear facilities
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Oil prices surged and stock futures declined amid rising concerns over economic repercussions from U.S. strikes on Iran’s nuclear facilities, with fears about access to the Strait of Hormuz, a crucial oil transit route. Analysts warned that disruptions could lead to significant increases in oil and gas prices, while Iran’s parliament considered closing the strait, despite potential harm to its economy and ties with China.

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Tags: FacilitiesIranianjumpNuclearoilpricesstrikeU.S
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