Oil pares gains but still on track for record surge as Iran war escalates

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SINGAPORE: Oil prices came off earlier highs on Monday but were still up more than 15% at levels not seen since mid-2022 as some major producers cut supplies and fears of prolonged shipping disruptions gripped the market due to the expanding U.S.-Israeli war with Iran. Read full story

Date: 9 March, 2026 5:00 pm
Source: thestar.com.my

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