Thursday, June 11, 2026
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Oil Surges as Fresh US Strikes on Iran Threaten Fragile Truce

Oil jumped after the US started new strikes on Iran, putting further strain on a fragile ceasefire and threatening to prolong the conflict in the Middle East that’s upended global markets.

This article was originally published by Bloomberg Markets and is republished here under license.

Oil jumped after the US started new strikes on Iran, putting further strain on a fragile ceasefire and threatening to prolong the conflict in the Middle East that’s upended global markets.

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