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Ras Tanura Oil Refinery

War in Iran Could Have ‘Historic’ Disruptions on Energy Markets

Oil prices jumped after the United States and Israel attacked Iran. Experts say the effects on oil and gas prices will depend on how long the war lasts and whether Iran damages energy infrastructure.

By Nicholas Kusnetz

A commercial ship anchors off the coast of the United Arab Emirates due to navigation disruptions on Monday in the Strait of Hormuz, Dubai. Credit: Stringer/Anadolu via Getty Images

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