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Iran war: World economy facing 'major threat,' IEA head says DW.comLive updates: Iran defiant as IEA warns energy crisis worse than 1970s oil shocks and Trump deadline looms CNNIran war energy crisis equal to 70s twin oil shocks and fallout from Ukraine war, says IEA chief The GuardianOver 40 Middle East Energy Assets ‘Severely Damaged,' IEA Says Bloomberg.comIEA
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Traders Brace for Turbulent Open as War Rages On: Markets Wrap Bloomberg.comAsian stock markets plunge amid Trump's ultimatum on Iran Al JazeeraStock markets rocked by Trump's Iran ultimatum, as UK economy faces growth hit - business live The GuardianStocks Tumble as Oil Prices Rise The New York Times
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Investors braced for a fourth week of market turmoil caused by the war in the Middle East
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The 60-day moratorium represents the first state move to stanch rising pump prices as the war in Iran continues to throttle Middle East oil supplies.
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Anxiety has pulsed through the small-business economy for months, even before the war in Iran began weighing on energy prices.
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Attacks on oil and natural gas facilities this week could make it much harder for Persian Gulf countries to rebuild and restart production when the war eventually end.
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