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Event Brief

Oil and gas prices rise as Iran war escalates

Oil prices surge following U.S. and Israel's attacks on Iran, indicating a rapid climb amid escalating conflict.
WHO: U.S. and Israel
WHAT: Major attacks on Iran
WHEN: Mar 7, 2026 at 11:11 AM ET
WHERE: Iran
WHY: Escalation of war in the Middle East
Sources (1): PBS NewsHour

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