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Oil prices rise after further escalation in war between Iran and the US

Oil prices rise after further escalation in war between Iran and the US

Oil prices rose on Wednesday following a further escalation in the conflict between Iran and the United States. This increase comes after previous hopes for a ceasefire extension and the opening of the Strait of Hormuz to shipping were diminished.

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Why inflation is not only bad news: higher prices also make debts ‘cheaper’

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