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Oil Prices | Economic contractions, Food prices & Fuel prices: Dr Lungile Mashele
Автор: SABC News
Загружено: 2026-03-09
Просмотров: 1016
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Oil prices surged past $100 a barrel for the first time since 2022 as fallout from the US-Israel war with Iran continued to rattle global markets and leading economies moved to tackle a worsening energy supply crisis. A weekend of escalating violence in the Middle East intensified concerns around a sustained supply crunch, propelling oil prices to their highest level in four years and triggering a deep stock market sell-off. The surge will send ripple effects to oil and energy markets around the world.
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