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geopoliticsbullishWTIPublished Jun 8, 2026, 8:00 AM

Israeli strikes on Iran escalate Middle East conflict, oil prices surge

Israeli strikes on Iran escalate Middle East conflict, oil prices surge
Israeli forces struck military targets in western and central Iran on Monday following Iranian missile attacks, despite U.S. President Trump's calls to refrain; the ongoing Iran war has kept the Strait of Hormuz largely closed, disrupting 20% of global oil transit.

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