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Economic News

US, Israel Won't Bomb Iran's Kharg Island, Fear $150 Oil

Details
11 March 2026
The United States and Israel have so far avoided striking Iran's Kharg Island oil terminal during their ongoing campaign against Tehran, amid concerns that damaging the critical export hub could send global oil prices surging toward $150 per barrel.

Original Source:

https://www.newsmax.com/finance/economy/iran-kharg-island-oil-prices/2026/03/11/id/1249116

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