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Oil jumps as Iran conflict escalates, disrupts shipping

freight_commodity_indices UTC: 2026-03-02 01:05:51

Brent crude futures shot up to $82.37, the highest since January 2025, in the first futures trading after the U.S. and Israel launched strikes on Iran and ‌killed its Supreme Leader ⁠Ali ⁠Khamenei on Saturday. As of 0054 GMT, Brent futures were at $78.24 a barrel, up $5.37, or...

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