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Oil prices surge after Israeli strike on Iran’s South Pars gasfield

*There are fears that a period of elevated oil and gas prices could trigger a damaging wave of global inflation Oil prices have risen more than 5 per cent following an Israeli strike on Iran’s South Pars gasfield as the United States-Israeli war on the country continues to escalate. Brent crude, the international standard, rose 5 per!-->!-->!-->!-->!-->!-->!-->…

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