Iran war could drive prices higher for eight months

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Published: 2 hours ago

A government minister warns that higher prices could persist for eight months following potential Iran conflict. Officials are monitoring stock levels and preparing for supply chain disruptions. Oil-sensitive currencies like CAD, NOK, and RUB face pressure from supply disruption fears. Safe-haven flows may strengthen USD, JPY, and CHF as geopolitical tensions escalate in key energy region.

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