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Iran-Israel War: Oil Prices Soar, Diplomacy Stalls

Iran-Israel War: Oil Prices Soar, Diplomacy Stalls

Glasgow News Today | 2 Min News | The Daily News Now! · The Daily News Now!

April 3, 20261m 34s

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Show Notes

Irans missile attacks on Kuwaits refinery and desalination plant escalate the Middle East conflict, now in its fifth week. Despite US claims of Irans military being mostly destroyed, Tehran continues to block the Strait of Hormuz, causing oil prices to surge over fifty percent. The human toll is devastating, with thousands dead and stock markets plummeting. Former Iranian foreign minister Mohammad Javad Zarif proposed a peace plan, but progress remains elusive as world leaders grapple with the crisis.

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