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It's not just oil and gas that are affected by the Iran war. All sorts of shortages and price spikes are starting to pop up that stand to affect people's daily lives.
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The US president has threatened to take out Iran "in one night" if it does not agree to open the Strait of Hormuz.
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Oil prices were mixed after Trump repeated the Tuesday deadline for escalating attacks on Iran's power plants and bridges.
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U.S. Treasury yields rose on Tuesday after President Trump threatened to strike Iran's infrastructure.
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Before the U.S and Israel began their war against Iran, about 20% of the world's oil was shipped through the narrow Strait of Hormuz.
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