Oil Surges as Impact of War on Middle East Energy Assets Deepens

Oil Surges as Impact of War on Middle East Energy Assets Deepens

Oil surged for a second day as the US and Israel stepped up their war against Iran, with the sprawling conflict’s impact on energy assets in the Persian Gulf deepening. US oil futures surged as much as 9.5% after Iraq cut output at the giant Rumaila oil field and appears poised to shutter about 3 mi...

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