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Billionaires eye classic artworks as Iran war pushes up the prices
May 17, 2026
|The Observer
The Iran war has caused the cost of crude oil to soar. It may also push up the prices of the more refined oils being traded in the latest round of New York art auctions.
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Justin Sun eats the conceptual artwork - a banana taped to a wall - for which he paid $6.2m in 2024.
(Peter Parks/Getty Images)
For the super-rich, when the outlook for other assets is especially uncertain, art can seem an attractive investment.
هذه القصة من طبعة May 17, 2026 من The Observer.
اشترك في Magzter GOLD للوصول إلى آلاف القصص المتميزة المنسقة، وأكثر من 9000 مجلة وصحيفة.
هل أنت مشترك بالفعل؟ تسجيل الدخول
المزيد من القصص من The Observer
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