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Energy prices surge as tanker disruptions, facility shutdowns, rattle global supply

Upstract [Unofficial] March 2, 2026
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By DAVID MCHUGH Updated 6:56 AM PST, March 2, 2026 FRANKFURT, Germany (AP) — Oil prices rose sharply Monday as disruptions to tanker traffic through the Strait of Hormuz chokepoint raised uncertainty about how U.S. and Israeli attacks on Iran would affect supply to the world economy. U.S. oil…

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