Oil prices spike as key shipping route disrupted by Iran attacks

Global oil prices have risen sharply after Iran's response to US and Israeli airstrikes disrupted shipping, raising the prospect of a new energy-led surge in inflation.

  RCBU   Mar 3, 2026   0   10  Add to Reading List
Oil prices spike as key shipping route disrupted by Iran attacks
Global oil prices have risen sharply after Iran's response to US and Israeli airstrikes disrupted shipping, raising the prospect of a new energy-led surge in inflation.

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