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Oil prices approach Iran-war highs as soaring tanker rates trigger a second energy squeeze

MarketWatch· Myra P. Saefong· Oct 22, 2026 · 8:46 PM
Oil prices approach Iran-war highs as soaring tanker rates trigger a second energy squeeze

Wall Street may be starting to price in the scenario everyone fears: a full-scale regional conflict that could further choke off global energy supplies and unleash a fresh wave of turmoil across financial markets.

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