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ECONOMY

War on Iran hits back: JPMorgan can’t predict oil prices after US crossed ‘red lines’

Oil analysts of the American investment bank, JPMorgan Chase & Co., have given up predicting crude prices as they are unsure about how long the US-imposed war on Iran will last.

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SAUDI ARABIA

Saudi Aramco halts European crude supplies amid disruption to key oil route

Saudi Aramco stops its crude oil supply to its European customers.

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