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Global Oil Price Rises After U.S. Strikes in Iran Cloud Peace Deal

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Coverage varies significantly across outlets. The Straits Times presents a straightforward account of the military strikes and their implications for oil markets without strong editorializing. In contrast, the New York Times emphasizes the…
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Global Oil Price Rises After U.S. Strikes in Iran Cloud Peace Deal

Optimism for a resolution to the conflict and the reopening of the Strait of Hormuz was checked after the United States said it had carried out strikes on missile launch sites in Iran.

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