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Oil and gas prices rise on new Iran threat to Gulf shipping
Oil and gas prices rise on new Iran threat to Gulf shippingOsmond ChiaandNick Edser,Business reportersGetty ImagesBrent crude prices increased by 3.2% to $80 a barrel while the price of gas surged by 30%.Stocks markets in Europe and Asia continued to fall as investors weighed the impact of the conflict on the financial markets and what it could mean for inflation and interest rates. The UK's...
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