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European stocks slumped over 2% on Thursday morning as the Iran war escalates following attacks on Iranian and Qatari energy infrastructure.
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World leaders are scrambling to contain a spiraling Middle East conflict on Thursday after Israel and Iran traded strikes on gas production facilities.
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President Trump said Israel was responsible for the attack, but vowed to "massively" destroy the gas field if Tehran hit Qatar's energy facilities in retaliation.
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President Trump said that Israel acted alone when it struck the South Pars gas field in Iran. Trump threatened Iran to halt its attacks on Qatar's facilities, or face a "blow up" of their South Pars field.
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Asian technology stocks fell on Thursday as Iran's latest attacks on Qatar's Ras Laffan Industrial City and a surge in oil prices rattled investor sentiment.
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