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Global Markets Tumble as Iran War Intensifies

Stocks and bonds slumped as investors retrenched from the uncertain and unpredictable effects that the fighting could have on the world economy.
HomeWorldIran war tests White House theory of ‘energy dominance’

Iran war tests White House theory of ‘energy dominance’

So far, the energy price shocks have been relatively contained. But a prolonged conflict in the Middle East carries enormous economic risks.