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Oil prices surge above $110 and shares slide over Iran war

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Major disruption to energy supplies threatens to push up prices for consumers and businesses around the world.

The question now is where does this go? Some analysts argue that if the shutdown in the strait lasts until the end of March, we could see record oil prices above $150 a barrel.

— Source: BBC News (https://www.bbc.com/news/articles/c79542n0grwo)

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