Oil Gas Prices Spike Amid Iran War Energy Infrastructure Damage

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Published: 4 hours ago

Oil and gas prices have surged following escalation in Iran conflict, with energy infrastructure damage potentially sustaining elevated commodity prices beyond typical market volatility patterns. Commodity-linked currencies including CAD, NOK, and RUB face potential strengthening against USD, while energy-importing nations' currencies like JPY may weaken as inflationary pressures mount.

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