Watch: U.S-Israeli-Iran war: Why oil prices are suddenly surging worldwide| Explained

Watch: U.S-Israeli-Iran war: Why oil prices are suddenly surging worldwide| Explained thumbnail

The war between the United States, Israel and Iran is beginning to shake global energy markets. After air strikes on Iran, Tehran responded with missile attacks and announced the closure of the Strait of Hormuz — one of the world’s most critical oil shipping routes.

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