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Author name: gulftoday

Attack on Iran: Oil prices go up as global energy supplies suffer

date Mar 02, 2026

oil prices rose sharply as attacks on the region and retaliatory strikes on the u.s. and israel sent disruptions through the global energy supply chain. attacks across the region, including on two vessels travelling through the Strait of Hormuz, the narrow mouth of the Arabian Gulf, have restricted countries’ ability to export oil to tuesday.

Source: gulftoday.ae

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