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Iran: War in Middle East rattles global markets

Iran: War in Middle East rattles global markets

Strikes send oil prices higher and travel stocks tumbling

World Business Report · BBC World Service

March 2, 20269m 0s

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Show Notes

Airlines have grounded flights, one of the world’s busiest airports has shut, and oil prices are climbing after strikes in the Middle East. We hear from investors and analysts as they react in real-time to the US-Israel war with Iran. And we find out how the disruption is affecting air passengers and the wider travel industry.

Plus - we learn how the insurance market is responding to fast-moving events as it assesses coverage and war risk premiums.