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Crude prices may surge after US-Israel strike on Iran; Hormuz in focus
The New Indian Express Kochi
|March 01, 2026
FOLLOWING the attack by the US and Israel on Iran early on Saturday morning, crude prices in the international market would witness significant volatility.
The attack, which targeted multiple cities, including capital city Tehran, marks a major escalation in a regional conflict that has simmered for months. Oil prices have been creeping up for weeks as the geopolitical tensions intensified, but Saturday’s military action is expected to push them higher.
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