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Oil prices surge after U.S. renews Iran strikes, heightening inflation fears

NBC Business·September 1, 2026·1 min read
Oil prices surge after U.S. renews Iran strikes, heightening inflation fears

Oil prices surged after the U.S. military announced further strikes against Iran, expanding inflation fears and extending a market sell-off in stocks and bonds. The renewed strikes heighten global supply concerns, pushing crude higher and adding to investor anxiety over inflation and economic stability.

Read at NBC Business
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