Oil Prices Jump On Mid East War, Stock Markets Diverge

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World oil prices jumped on Wednesday, with the benchmark international contract Brent North Sea crude surpassing $95 for the first time in nearly six weeks as the United States and Iran carried out more strikes.

Crude futures went on to give up some of the gains but still rose around three per cent.

US Secretary of State Marco Rubio said Iran could not be allowed to gain control over traffic…

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