US, Israel Won't Bomb Iran's Kharg Island, Fear $150 Oil
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.
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Iran Threatens US-Israeli Economic, Banking Targets in Region
Iran will target economic and banking interests linked to the U.S. and Israel in the region, after an attack on an Iranian bank, a spokesperson for Tehran's Khatam al-Anbiya military command headquarters said Wednesday.
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Inflation Holds Steady at 2.4% Ahead of Iran Conflict
Inflation held steady at 2.4% last month even as gas prices rose, in a snapshot of what consumer prices looked like before the Iran war sent energy costs soaring.
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Consumer prices rose 2.4% annually in February, as expected
The consumer price index in February was expected to show a 2.4% increase from a year ago, according to the Dow Jones consensus.
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Iran Says Oil Will Reach $200 a Barrel, Warns of 'Continuous Strikes'
Iran will switch from "reciprocal hits" after attacks to continuous strikes on adversaries, and the U.S. will not be able to control oil prices, the spokesperson for Tehran's Khatam al-Anbiya military command headquarters said Wednesday.
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Oil Nears $90 on Gulf Tensions
Oil prices forged higher as concern over disruption to energy flows in the Middle East outweighed hopes that governments will agree to a record release of oil reserves.
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