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Oil to Extend Gains as Iran Disruptions Drag On | Bloomberg Businessweek

Sep 8, 2026 · 0:44:08
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✨ AI Summary
  • Oil prices rise near $98 a barrel due to explosions at Iran's Kharg Island.
  • Markets anticipate a prolonged Middle East conflict, impacting shipping.
  • Goldman Sachs modestly raises oil price estimates amid disruptions.

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